Accountancy, asked by chan4985, 1 year ago

STOCK -Rs.12,000

ADJUSTMENT:-

STOCK OVERVALUED BY 20%,....its mean.....??

Answers

Answered by hiteshkhandelwal
6

It means stock is shown as 20% extra and we have to reduce it by 20%

Thus solution will be as follow:

12000*(20/120)= 2000

It means stock is shown as 2000 extra.

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