Rahilaattiq Rahilaattiq

23-10-2020
Mathematics

contestada

Ralph buys antique vase for $400 and sells the vase for $600. how does he enter the profit or loss in his account book?

Respuesta :

rococo908 rococo908

23-10-2020

Answer:

$200

Step-by-step explanation:

Since he sold the vase at a higher price than the one he bought it at, he made a profit.

To find the profit, subtract how much he paid for it from the amount he sold it at:

600 - 400

= 200

So, he will enter the profit as $200 in his account book

Answer Link

blgreear blgreear

24-10-2020

Answer:

200

Step-by-step explanation:

Answer Link

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