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Subjects
Class 11Home ScienceWork, Livelihood and CareerTraditional occupations in India - Visual artsHardLevel 18

Which record is most suitable to understand monthly profit in a small visual art enterprise?

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Answer and explanation

Correct answer: Total sales total cost and remaining profit

Both income and expense records are needed to understand profit. In exams connect profit with accounting basics.

Tags

visual artsprofit recordbusiness skill

Frequently asked questions

What is the correct answer to this question?

Total sales total cost and remaining profit

Why is this the correct answer?

Both income and expense records are needed to understand profit. In exams connect profit with accounting basics.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Visual arts.

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