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Inventories chapter
Accountancy
In inventories chapter, one of the problems you have calculated opening stock Rs 1643312 , while explaining this work you said to subtract 65750 - 16438 - 81000 we get1643312 as opening stock. But we don't get sir that much value. I have attached screenshot of that work . Please make it clear.
Answers (5)
Best Answer
Thread Starter
Anil RajYes opening stock is found as bal figure in this problem. Said to take these values ( 65750 - 16438- 81000 = 1643312) But how? If u want me to send question i will send.
Opening stock to be bal fig, you should do: closing stock+sales- grossprofit- purchases 1675000+65750-16438-81000=1643312
Yamuna S
Is opening stock bal fig here?
Yes opening stock is found as bal figure in this problem. Said to take these values ( 65750 - 16438- 81000 = 1643312) But how? If u want me to send question i will send.
Sugam SM
Calculation is correct Attach ur workings
See I have attached working shown in the video taking screenshot. In this problem opening stock is balancing figure. Got opening stock Rs 1643312 but i have doubt how to get this answer.
