Question

X into Y 10 machines each cost rupees 4000 and spent the following amounts towards the consignmentflight rupees 2000 insurance rupees 500 carriage carriage rupees 300 by paid the following expenses duty rupees1400 entry tax rupees 400 Godan rent rupees 1000 salary other administration expenses Rupees 1500 end of the year by report that he has sold only light of the Machines for rupees 47000 you are required to achieve value of closing stock in consignment ​

Answer 1

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