From the following details, Calculate value of the Opening Inventory Closing Inventory = ₹ 68,000
From the following details, Calculate value of the Opening Inventory:
Closing Inventory = ₹ 68,000
Total Sales = ₹ 4,80,000 (including cash sales ₹ 1,20,000)
Total Purchases = ₹ 3,60,000 (including credit purchases ₹ 2,39,200)
Goods are sold at a profit of 25% on cost.
Anurag Pathak Changed status to publish March 12, 2024
