calculation of opening stock
find the value of opening stock
purchases of material :- Rs.30000
Sales:- Rs.45000
Stock at the end of the year:- Rs.8000
Carriage:- Rs.8000
Rate of loss 20% on sales
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Explanation:
The written down value of the abandoned plant less its salvage value is
Imputed cost
Sunk cost
Historical cost
Marginal cost
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