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Calculate the value of closing stock from the following :Opening stock Rs. 60,000Purchases Rs. 90,000Sales Rs. 1,20,000Gross profit on cost 33 1/3%. Due to fire, stock costing Rs. 15,000 destroyed and insurance claim was accepted for Rs. 5000a)Rs. 40,000b)Rs. 45,000c)Rs. 55,000d)Rs. 60,000Correct answer is option 'B'. 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 Calculate the value of closing stock from the following :Opening stock Rs. 60,000Purchases Rs. 90,000Sales Rs. 1,20,000Gross profit on cost 33 1/3%. Due to fire, stock costing Rs. 15,000 destroyed and insurance claim was accepted for Rs. 5000a)Rs. 40,000b)Rs. 45,000c)Rs. 55,000d)Rs. 60,000Correct answer is option 'B'. 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 Calculate the value of closing stock from the following :Opening stock Rs. 60,000Purchases Rs. 90,000Sales Rs. 1,20,000Gross profit on cost 33 1/3%. Due to fire, stock costing Rs. 15,000 destroyed and insurance claim was accepted for Rs. 5000a)Rs. 40,000b)Rs. 45,000c)Rs. 55,000d)Rs. 60,000Correct answer is option 'B'. Can you explain this answer?.

Solutions for Calculate the value of closing stock from the following :Opening stock Rs. 60,000Purchases Rs. 90,000Sales Rs. 1,20,000Gross profit on cost 33 1/3%. Due to fire, stock costing Rs. 15,000 destroyed and insurance claim was accepted for Rs. 5000a)Rs. 40,000b)Rs. 45,000c)Rs. 55,000d)Rs. 60,000Correct answer is option 'B'. 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 Calculate the value of closing stock from the following :Opening stock Rs. 60,000Purchases Rs. 90,000Sales Rs. 1,20,000Gross profit on cost 33 1/3%. Due to fire, stock costing Rs. 15,000 destroyed and insurance claim was accepted for Rs. 5000a)Rs. 40,000b)Rs. 45,000c)Rs. 55,000d)Rs. 60,000Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Calculate the value of closing stock from the following :Opening stock Rs. 60,000Purchases Rs. 90,000Sales Rs. 1,20,000Gross profit on cost 33 1/3%. Due to fire, stock costing Rs. 15,000 destroyed and insurance claim was accepted for Rs. 5000a)Rs. 40,000b)Rs. 45,000c)Rs. 55,000d)Rs. 60,000Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Calculate the value of closing stock from the following :Opening stock Rs. 60,000Purchases Rs. 90,000Sales Rs. 1,20,000Gross profit on cost 33 1/3%. Due to fire, stock costing Rs. 15,000 destroyed and insurance claim was accepted for Rs. 5000a)Rs. 40,000b)Rs. 45,000c)Rs. 55,000d)Rs. 60,000Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Calculate the value of closing stock from the following :Opening stock Rs. 60,000Purchases Rs. 90,000Sales Rs. 1,20,000Gross profit on cost 33 1/3%. Due to fire, stock costing Rs. 15,000 destroyed and insurance claim was accepted for Rs. 5000a)Rs. 40,000b)Rs. 45,000c)Rs. 55,000d)Rs. 60,000Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Calculate the value of closing stock from the following :Opening stock Rs. 60,000Purchases Rs. 90,000Sales Rs. 1,20,000Gross profit on cost 33 1/3%. Due to fire, stock costing Rs. 15,000 destroyed and insurance claim was accepted for Rs. 5000a)Rs. 40,000b)Rs. 45,000c)Rs. 55,000d)Rs. 60,000Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.