Accountancy, asked by maulichander1234567, 3 months ago

3:0,4441
9. A merchant's godown caught fire on Nov. 3 1992 at night causing serious damage to
stock The following information is obtained from the books and records salvaged.
Rs.
b
Stock on 31-12-90
45,000
Stock on 31-12-91
50,000
Purchases during 1991
4,75,000
Sales from Jan. to Nov. 3 1992
4,00,000
Purchases from Jan. to Nov. 3 1992 4,40,000
Sales during 1991
5,87,500
Assuming that the rate of gross profit on sales has been the same in 1992 as in 1991,
estimate the value of the stock in the godown at the time of fire.
Ade OC
scope
mar

Answers

Answered by osmanbhai84

4

Answer:

sorry i don't know that answer sorry please mark me brainliest

Answered by anushkaranade04

2

Answer:

hi hope this helps you

Explanation:

gross profit rtiratio =20% stock on dtdate of fire = 170000

hint

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