Question

Illustration Z(Module)
On is April, 2015 the stock of Shri Ramesh was drstroyed by fire but sufficient records were saved
from which foloning particulars wgre ascertained:
23.500
SATA particulars
Stoc cos is: January 2012 URTHI
Sioa acos: 3134 December, 2014
Purchaus year ended 31 December, 2014
3.98.000
Sales year ended 31 December 2014
487.000
Purchases 1-1-2015 to 31-3-2015
162.000
Sales-1-1-2015 to 31-3.2015
231200
In valuing the stock for the Balance Sheet at 3191 December, 2014 As 2,300 had been wntten off on
certa a stock which was a poor seiling linc having the cost Rs. 5,900. A portion of these soods were
sold in March, 2015 at loss of Rs. 250 on original cost of Rs. 3450. The remainder of this stock was
Now estmated to be worth its orginal cost. Subject to the above exceptica, gross profit hed
femained at a un dorm rate throughout the year.
B
ERG
Lizce
The value of stock sairaged was Rs. 5,800. The policy was for Rs 50,000 and was subject to the
ererage classe. Work out the amount of the claim of loss by fire​

Answer 1

Answer:

144+2222= 2366

Explanation:

stock of Shri Ramesh was drstroyed by fire but sufficient records were saved

from which foloning particulars wgre ascertained:

23.500

SATA particulars

Stoc cos is: January 2012 URTHI

Sioa acos: 3134 December, 2014

Purchaus year ended 31 December, 2014

3.98.000

Sales year ended 31 December 2014

487.000

Purchases 1-1-2015 to 31-3-2015

162.000

Sales-1-1-2015 to 31-3.2015

231200

In valuing the stock for the Balance Sheet at 3191 December, 2014 As 2,300 had been wntten off on

certa a stock which was a poor seiling linc having the cost Rs. 5,900. A portion of these soods were

sold in March, 2015 at loss of Rs. 250 on original cost of Rs. 3450. The remainder of this stock was

Now estmated to be worth its orginal cost. Subject to the above exceptica, gross profit hed

femained at a un dorm rate throughout the year.

B

ERG

Lizce

The value of stock sairaged was Rs. 5,800. The policy was for Rs 50,000 and was subject to the

ererage classe. Work out the amount of the claim of loss by fire