Interested to Buy Any Domain ? << Click Here >> for more details...
if average inventories is 12000. closing stock is 3000 more than opening stock. then what's is the closing stock?
- 2 Answers
- 8482 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / nandana
Let opening inventory x.
Closing inventory is 3000+x
Average inventory=x+3000+x/2=12000
2x=21000
X=10500
So closing inventory=3000+10500=13500
| Is This Answer Correct ? | 50 Yes | 2 No |
Answer / anurag jain
opening stock is 10500
closing stock is 13500
| Is This Answer Correct ? | 16 Yes | 3 No |
How to prepare salary ? and what is ctc, Epf, etc...
under what circumstances, a realisation account is prepared. tell all the situations
Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
What is personal Account?
sales-140000 variable overheads-96000 gross profit-44000 fixed overheads-16000 net profit-28000 find out p.v.ratio and breakeven point
what is Reverse Repo Rate?
4 Answers ICICI, Nabard, SEBI, State Bank Of India SBI,
Why you choose commerce faculty & not science or Why you are in commerce & not in science ?
sale tax which place effected
Clasify Loss
difference between accounting and financial accounting if it is same or not if not what is the difference ?
Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts
why we prepare the brs
Audit 
