Sir I have a doubt in illustration 30 on cma material
In question sales value is 24 lakhs and in answer it is 2 .4 lakhs is it mistake or else what?
Question is wrong.
Sir how to calculate valuation of closing stock and opening stock in these question can you explain please
It is given in the question that Stock in 2011 was valued at 10% less cost and closing stock for 2012 is calculated 10% above cost.