To calculate departmental gross profit,separate accounts should be set up for Sales,Purchases,etc. ,for each department.

Name: To calculate departmental gross profit,separate accounts should be set up for Sales,Purchases,etc. ,for each department.
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Question

Quizplus · Accepted Answer

To calculate departmental gross profit, separate accounts should be set up for Sales, Purchases, etc. for each department. This allows for accurate tracking and analysis of the financial performance of each department.

To Calculate Departmental Gross Profit,separate Accounts Should Be Set Up