Trading organization Supplied the following information: ➤ Opening stock Rs 150,000 ➤ Purchase of raw material Rs 850,000 includes cost of fixed…
BBA Taxation and Auditing · 2024 · Solved Question with Answer
Trading organization Supplied the following information:
➤ Opening stock Rs 150,000
➤ Purchase of raw material Rs 850,000 includes cost of fixed assets 100,000
➤ Carriage inward Rs 50,000
➤ Closing stock costing Rs 80,000 but the value of market price Rs 50,000
Required: Cost of Trading Goods.