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Fire insurance claim

This query is : Resolved 
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(Querist)
07 February 2019 When opening stock is under valued by 20000 and closing stock is over valued by 10000, in such a scenario we should add 20000 to opening stock and we should deduct 10000 from closing stock to find out correct Gross profit.
Is this right?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 February 2019 Yes this is right.............
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