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On April 07,2011, i.e., a week after the end of the accounting year 2010-11, a company undertook physical Inventory verification. The value of Inventory as per physical Inventory verification was found to be Rs. 35,000.The following details pertaining to the period April 01, 2011 to April 07,2011 are given:I. Goods costing Rs. 5,000 were sold during the week.II.Goods received from consignor amounting to Rs. 4,000 included in the value of Inventory.III.Goods earlier purchased but returned during the period amounted to Rs. 1,000..IV.Goods earlier purchased and accounted but not received Rs. 6,000.After considering the above, the value of Inventories held as on March 31,2011 wasa)Rs. 27,000b)Rs. 19,000c)Rs. 43,000d)Rs. 51,000Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about On April 07,2011, i.e., a week after the end of the accounting year 2010-11, a company undertook physical Inventory verification. The value of Inventory as per physical Inventory verification was found to be Rs. 35,000.The following details pertaining to the period April 01, 2011 to April 07,2011 are given:I. Goods costing Rs. 5,000 were sold during the week.II.Goods received from consignor amounting to Rs. 4,000 included in the value of Inventory.III.Goods earlier purchased but returned during the period amounted to Rs. 1,000..IV.Goods earlier purchased and accounted but not received Rs. 6,000.After considering the above, the value of Inventories held as on March 31,2011 wasa)Rs. 27,000b)Rs. 19,000c)Rs. 43,000d)Rs. 51,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On April 07,2011, i.e., a week after the end of the accounting year 2010-11, a company undertook physical Inventory verification. The value of Inventory as per physical Inventory verification was found to be Rs. 35,000.The following details pertaining to the period April 01, 2011 to April 07,2011 are given:I. Goods costing Rs. 5,000 were sold during the week.II.Goods received from consignor amounting to Rs. 4,000 included in the value of Inventory.III.Goods earlier purchased but returned during the period amounted to Rs. 1,000..IV.Goods earlier purchased and accounted but not received Rs. 6,000.After considering the above, the value of Inventories held as on March 31,2011 wasa)Rs. 27,000b)Rs. 19,000c)Rs. 43,000d)Rs. 51,000Correct answer is option 'C'. Can you explain this answer?.

Solutions for On April 07,2011, i.e., a week after the end of the accounting year 2010-11, a company undertook physical Inventory verification. The value of Inventory as per physical Inventory verification was found to be Rs. 35,000.The following details pertaining to the period April 01, 2011 to April 07,2011 are given:I. Goods costing Rs. 5,000 were sold during the week.II.Goods received from consignor amounting to Rs. 4,000 included in the value of Inventory.III.Goods earlier purchased but returned during the period amounted to Rs. 1,000..IV.Goods earlier purchased and accounted but not received Rs. 6,000.After considering the above, the value of Inventories held as on March 31,2011 wasa)Rs. 27,000b)Rs. 19,000c)Rs. 43,000d)Rs. 51,000Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of On April 07,2011, i.e., a week after the end of the accounting year 2010-11, a company undertook physical Inventory verification. The value of Inventory as per physical Inventory verification was found to be Rs. 35,000.The following details pertaining to the period April 01, 2011 to April 07,2011 are given:I. Goods costing Rs. 5,000 were sold during the week.II.Goods received from consignor amounting to Rs. 4,000 included in the value of Inventory.III.Goods earlier purchased but returned during the period amounted to Rs. 1,000..IV.Goods earlier purchased and accounted but not received Rs. 6,000.After considering the above, the value of Inventories held as on March 31,2011 wasa)Rs. 27,000b)Rs. 19,000c)Rs. 43,000d)Rs. 51,000Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of On April 07,2011, i.e., a week after the end of the accounting year 2010-11, a company undertook physical Inventory verification. The value of Inventory as per physical Inventory verification was found to be Rs. 35,000.The following details pertaining to the period April 01, 2011 to April 07,2011 are given:I. Goods costing Rs. 5,000 were sold during the week.II.Goods received from consignor amounting to Rs. 4,000 included in the value of Inventory.III.Goods earlier purchased but returned during the period amounted to Rs. 1,000..IV.Goods earlier purchased and accounted but not received Rs. 6,000.After considering the above, the value of Inventories held as on March 31,2011 wasa)Rs. 27,000b)Rs. 19,000c)Rs. 43,000d)Rs. 51,000Correct answer is option 'C'. Can you explain this answer?, a detailed solution for On April 07,2011, i.e., a week after the end of the accounting year 2010-11, a company undertook physical Inventory verification. The value of Inventory as per physical Inventory verification was found to be Rs. 35,000.The following details pertaining to the period April 01, 2011 to April 07,2011 are given:I. Goods costing Rs. 5,000 were sold during the week.II.Goods received from consignor amounting to Rs. 4,000 included in the value of Inventory.III.Goods earlier purchased but returned during the period amounted to Rs. 1,000..IV.Goods earlier purchased and accounted but not received Rs. 6,000.After considering the above, the value of Inventories held as on March 31,2011 wasa)Rs. 27,000b)Rs. 19,000c)Rs. 43,000d)Rs. 51,000Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of On April 07,2011, i.e., a week after the end of the accounting year 2010-11, a company undertook physical Inventory verification. The value of Inventory as per physical Inventory verification was found to be Rs. 35,000.The following details pertaining to the period April 01, 2011 to April 07,2011 are given:I. Goods costing Rs. 5,000 were sold during the week.II.Goods received from consignor amounting to Rs. 4,000 included in the value of Inventory.III.Goods earlier purchased but returned during the period amounted to Rs. 1,000..IV.Goods earlier purchased and accounted but not received Rs. 6,000.After considering the above, the value of Inventories held as on March 31,2011 wasa)Rs. 27,000b)Rs. 19,000c)Rs. 43,000d)Rs. 51,000Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice On April 07,2011, i.e., a week after the end of the accounting year 2010-11, a company undertook physical Inventory verification. The value of Inventory as per physical Inventory verification was found to be Rs. 35,000.The following details pertaining to the period April 01, 2011 to April 07,2011 are given:I. Goods costing Rs. 5,000 were sold during the week.II.Goods received from consignor amounting to Rs. 4,000 included in the value of Inventory.III.Goods earlier purchased but returned during the period amounted to Rs. 1,000..IV.Goods earlier purchased and accounted but not received Rs. 6,000.After considering the above, the value of Inventories held as on March 31,2011 wasa)Rs. 27,000b)Rs. 19,000c)Rs. 43,000d)Rs. 51,000Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.