Register

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

Ralph buys an antique vase for $400 and sells the vase for $600. How does he enter the profit or loss in his account book?
asked 25.4k views
4 votes
Ralph buys an antique vase for $400 and sells the vase for $600. How does he enter the profit or loss in his account book?

asked
User Scott Hunter
by
8.6k points

2 Answers

6 votes
He will profit $200 in his account book
answered
User Saransh Malik
by
8.7k points
4 votes
He profits 200$ hope this helps
answered
User Efi G
by
7.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!