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C Ltd. recorded the following information as on March 31,2011:Stock as on April 01, 2010 Rs. 80,000Purchases Rs.1,60,000Sales Rs.2,00,000It is noticed that goods worth Rs.30,000 were destroyed due to fire. Against this, the insurance company accepted a claim of Rs. 20,000.The company sells goods at cost plus 33 1/3%. The value of closing inventory, after taking into account the above transactions is,a)Rs. 10,000b)Rs. 30,000c)Rs. 1,00,000d)Rs. 60,000Correct answer is option 'D'. 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 C Ltd. recorded the following information as on March 31,2011:Stock as on April 01, 2010 Rs. 80,000Purchases Rs.1,60,000Sales Rs.2,00,000It is noticed that goods worth Rs.30,000 were destroyed due to fire. Against this, the insurance company accepted a claim of Rs. 20,000.The company sells goods at cost plus 33 1/3%. The value of closing inventory, after taking into account the above transactions is,a)Rs. 10,000b)Rs. 30,000c)Rs. 1,00,000d)Rs. 60,000Correct answer is option 'D'. 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 C Ltd. recorded the following information as on March 31,2011:Stock as on April 01, 2010 Rs. 80,000Purchases Rs.1,60,000Sales Rs.2,00,000It is noticed that goods worth Rs.30,000 were destroyed due to fire. Against this, the insurance company accepted a claim of Rs. 20,000.The company sells goods at cost plus 33 1/3%. The value of closing inventory, after taking into account the above transactions is,a)Rs. 10,000b)Rs. 30,000c)Rs. 1,00,000d)Rs. 60,000Correct answer is option 'D'. Can you explain this answer?.

Solutions for C Ltd. recorded the following information as on March 31,2011:Stock as on April 01, 2010 Rs. 80,000Purchases Rs.1,60,000Sales Rs.2,00,000It is noticed that goods worth Rs.30,000 were destroyed due to fire. Against this, the insurance company accepted a claim of Rs. 20,000.The company sells goods at cost plus 33 1/3%. The value of closing inventory, after taking into account the above transactions is,a)Rs. 10,000b)Rs. 30,000c)Rs. 1,00,000d)Rs. 60,000Correct answer is option 'D'. 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 C Ltd. recorded the following information as on March 31,2011:Stock as on April 01, 2010 Rs. 80,000Purchases Rs.1,60,000Sales Rs.2,00,000It is noticed that goods worth Rs.30,000 were destroyed due to fire. Against this, the insurance company accepted a claim of Rs. 20,000.The company sells goods at cost plus 33 1/3%. The value of closing inventory, after taking into account the above transactions is,a)Rs. 10,000b)Rs. 30,000c)Rs. 1,00,000d)Rs. 60,000Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of C Ltd. recorded the following information as on March 31,2011:Stock as on April 01, 2010 Rs. 80,000Purchases Rs.1,60,000Sales Rs.2,00,000It is noticed that goods worth Rs.30,000 were destroyed due to fire. Against this, the insurance company accepted a claim of Rs. 20,000.The company sells goods at cost plus 33 1/3%. The value of closing inventory, after taking into account the above transactions is,a)Rs. 10,000b)Rs. 30,000c)Rs. 1,00,000d)Rs. 60,000Correct answer is option 'D'. Can you explain this answer?, a detailed solution for C Ltd. recorded the following information as on March 31,2011:Stock as on April 01, 2010 Rs. 80,000Purchases Rs.1,60,000Sales Rs.2,00,000It is noticed that goods worth Rs.30,000 were destroyed due to fire. Against this, the insurance company accepted a claim of Rs. 20,000.The company sells goods at cost plus 33 1/3%. The value of closing inventory, after taking into account the above transactions is,a)Rs. 10,000b)Rs. 30,000c)Rs. 1,00,000d)Rs. 60,000Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of C Ltd. recorded the following information as on March 31,2011:Stock as on April 01, 2010 Rs. 80,000Purchases Rs.1,60,000Sales Rs.2,00,000It is noticed that goods worth Rs.30,000 were destroyed due to fire. Against this, the insurance company accepted a claim of Rs. 20,000.The company sells goods at cost plus 33 1/3%. The value of closing inventory, after taking into account the above transactions is,a)Rs. 10,000b)Rs. 30,000c)Rs. 1,00,000d)Rs. 60,000Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice C Ltd. recorded the following information as on March 31,2011:Stock as on April 01, 2010 Rs. 80,000Purchases Rs.1,60,000Sales Rs.2,00,000It is noticed that goods worth Rs.30,000 were destroyed due to fire. Against this, the insurance company accepted a claim of Rs. 20,000.The company sells goods at cost plus 33 1/3%. The value of closing inventory, after taking into account the above transactions is,a)Rs. 10,000b)Rs. 30,000c)Rs. 1,00,000d)Rs. 60,000Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.