Question

.X of Kolkata sends out 500 bags to Y costing 400 each at an invoice price of 500 each.
Consignor's A/c expenses 4,000 consignee's expenses, non-selling 1,000, selling * 2,000.
400 bags were sold. The amount of Stock Reserve will be
(a) * 10,000
(b) Nil
(c) 20,000
(d) * 20,400​

Answer 1

Answer:

amount of stock reserve is 100×100=10000