Subjective Questions on Calculate Closing Stock from the following details 5 marks Rs Rs Opening Stock 2........... for Commerce ( 11 and 12th) Preparation

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Subjective Questions

Calculate Closing Stock from the following details 5 marks Rs Rs Opening Stock 2...........

Accountancy (11th) Chapter-9 Financial Statements-1
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    Calculate Closing Stock from the following details:    (5 marks)

      Rs.   Rs.
    Opening Stock 20,000 Purchases 70,000
    Cash Sales 60,000 Credit sales 40,000

    Rate of Gross Profit on cost 3313%.

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