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Rajeev Kumar (Accountant)     14 January 2019

Rajeev Kumar
Accountant 
 34 points

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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.

avater

Ruchika Somani (Coaching and Practice in Tax Audit Law.)     14 January 2019

Ruchika Somani
Coaching and Practice in Tax Audit Law. 
 362 likes  4385 points

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1,04,309/-


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