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From the Following Information, Calculate Change in Inventory of Stock-in-trade: - Accountancy

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प्रश्न

From the following information, calculate Change in Inventory of Stock-in-Trade: Opening and Closing Stock-in-Trade ₹5,00,000 and ₹4,00,000 respectively.

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उत्तर

NOTES TO ACCOUNTS 

Note No.

Particulars 

Amount

(Rs)

(a)

Stock-in-Trade

 

 

Opening Inventory

5,00,000

 

1,00,000

 

  Less: Closing Inventory

4,00,000

 

 

1,00,000

Rs 1,00,000 will be shown in the Statement of Profit and Loss against Change in Inventories of Stock-in-Trade.

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पाठ 1: Financial Statements of a Company - Exercises [पृष्ठ ७०]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
पाठ 1 Financial Statements of a Company
Exercises | Q 40 | पृष्ठ ७०

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