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Question 43 Chapter 1 VK Publications Class 12 Part 2 – 2021

Question 43 - CH-1 Solution
Question 43 - CH-1 Solution

Question 43 Chapter 1 VK Publications Class 12 Part 2 – 2021

43. Calculate change in Inventory of Work-in-Progress from the following information: Opening Inventory of Work-in-Progress Rs. 3,50,000, Closing Inventory of Work-in-progress Rs. 1,40,000.

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The solution of Question 43 Chapter 1 VK Publications Class 12 Part 2: –

Change in Inventory of work-in-progress = Opening Inventory of work-in-progress – Closing Inventory of work-in-progress
  = Rs. 3,50,000 – Rs. 1,40,000
  = Rs.2,10,00

 

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

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