1.

From the following particulars, ascertain the value of Opening Stock:- ₹ ₹ Purchases 60,000 Wages 3,000 Sales 1,05,000 Carriage Outwards 1,200 Closing Stock 20,000 Rate of Gross Profit on cost of goods sold 50%

Answer» From the following particulars, ascertain the value of Opening Stock:-

































Purchases 60,000 Wages 3,000
Sales 1,05,000 Carriage Outwards 1,200
Closing Stock 20,000 Rate of Gross Profit on cost of goods sold 50%


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