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Calculate value of opening stock from …

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Calculate value of opening stock from the following information. Cash Sales = ₹80,000 credit sales = ₹3,30,000 Sales return= ₹10,000 Purchase= ₹2,48,000 purchases return =₹8,000 carriage inward =₹16,000 Closing stock = ₹72,000 Rate of gross profit is 40% on sales

Posted by Ritesh Agrawal 6 years, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Dhruv Loomba 6 years, 10 months ago

The opening stock value is : 50667

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