i have attached a pic of the question kindly any one tel me how to find the answer for 7(5) and 7(6)
value of issue and value of closing stock for the month of december using simple average method.. i tried solving many times but did not get the answer in text book answer for the above questions is
7(5) 1750(closing stock)
7(6) 56250(issues )
I don't think the answer given is correct. The same question is given in study material. Please refer that. As per the method given in study material the correct answer should be 3500 and 54833
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
View Details
RMA And Associates LLP
New Delhi
CA Inter
View Details
ADY & CO.
New Delhi
Graduate (Any)
View Details
Malhotra Rajesh & Associates
New Delhi
B.Com
View Details
CCI
Pro
CAclubindia
