Hello, pls give me solution .....
Opening stock of A & Co. Rs. 101000/-, total purchase Rs. 51000/- Sales Rs. 73000/- , discount Rs. 5000. Now since this company is being taken over by B & co. assuming the gross profit of 27.82% tell me the closing stock.
1,04,309/-
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
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Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
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CCI
Pro
CAclubindia
