Question

Calculate closing stock from the following:
Opening Stock Rs. 36,000; Purchases Rs. 45,000; Purchases return Rs. 5,000, Wages Rs. 7,000; *
Sales Return Rs. 10,000, Gross loss Rs. 4,000; Carriage outward Rs. 2,000, Net sales 70,000.

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tomorrow is my exam
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Answer 1

Answer:Find an answer to your question Calculate the closing stock from the following : opening stock 36000 : net purchases 45000: salaries and wages 7000: sales 60,00… ... and wages 7000: sales 60,000: gross loss 4000: freight inwards 6000 ? ... Closing stock = opening stock + net purchases + freight inwards ...

Explanation: