Question

Jaipur Departmental Store is running a business on retail basis. It's average gross margin ratio on the net sales
comes to 20%. The details of sales and purchase for the year ended 2008-09 are as follows:
Rs.
Opening Stock
Purchase Returns
Gross Sales
Carriage Outwards
Rs.
40,000
8,000
4,20,000
7,000
Purchases
Freight Inwards
Sales Returns
3,50,000
15,000
12,000
Determine the value of inventory to be shown in the balance sheet as on 31.03.2009.​

Answer 1

Answer:

sorry here's no option to give you the pic please thanks me marks as brainliest answer and follow me marks as brainliest answer and follow me