Question:
Super profit refers to:
Super profit refers to:
Updated On: Sep 23, 2024
- Abnormal profits earned by the partnership firm
- Difference between Normal profit and profit as shown by Profit and Loss A/c
- Difference between Average adjusted profit and Normal profit
- Capital multiplied by Normal Rate of Return
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The Correct Option is C
Solution and Explanation
The correct option is (C) :Difference between Average adjusted profit and Normal profit
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