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Financial accounting

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(Querist)
02 March 2018 If average inventory is `1,25,000 and closing inventory is `10,000 less than opening inventory then the value of closing inventory will be (A) ` 1,35,000 (B) ` 1,15,000 (C) ` 1,30,000 (D) ` 1,20,000
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Arpit

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Arpit (Expert)
03 March 2018 closing inventory shall be 120000
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chandusammitty

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chandusammitty (Querist)
03 March 2018 sir pls working notes
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Arpit

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Arpit (Expert)
03 March 2018 Let x be the opening stock
Closing stock shall be x-10000
(x+x-10000)/2=125000.
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