value of closing stock was ₹ 16000 , out of which the market value of 10% goods is by 20%
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Answer:20,000. Closing Stock. 16,000. Wages. 8,000. Manufacturing Expenses ... March, 2019 was ₹ 2,00,600, whereas its Net Realisable Value (Market Value) was ₹ 2,05,000. ... (ii) Depreciate Machinery by 10% and Furniture by 20%. ... (iv) Write off ₹ 50,000 as further Bad Debt
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