Question 42 Chapter 1 VK Publications Class 12 Part 2 – 2021

Question 42 - CH-1 Solution
Question 42 - CH-1 Solution

Question 42 Chapter 1 VK Publications Class 12 Part 2 – 2021

42. Calculate change in Inventory of Stock-in-Trade from the following information: Opening Inventory of Stock-in-Trade Rs. 8,00,000, Closing Inventory of Stock-in-Trade Rs. 5,50,000

The solution of Question 42 Chapter 1 VK Publications Class 12 Part 2: –

Change in Inventory of Stock-in-Trade = Opening inventory of Stock-in-Trade – Closing inventory of Stock-in-Trade.
  = Rs. 8,00,000- Rs. 5,50,000
  = Rs. 2,50,000.

 

Financial Statements of a Company and Its formats

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Advertisement

error: Content is protected !!