Inventory

This is the answer....... I hope this is correct..... But please make sure that this is correct or not by showing it to some other...

Girinath A

CA Inter

★ 765

19-Nov-20 03:15

Invoice for goods purchased amounting to 20,000 were entered on 28th March 2019 and the good were included in the stock.......... In case if 6th point is given like this.... just ignore that point....... you should not add or subtract to the given stock......

Girinath A

CA Inter

★ 765

19-Nov-20 03:38

Sorry they have added . Even I too thought the same answer as u

Thread Starter

Sri kanaga Varshini

CA Final

★ 3K+

20-Nov-20 18:23

Can u send the answer pls

Girinath A

CA Inter

★ 765

20-Nov-20 19:48

Answer

Thread Starter

Sri kanaga Varshini

CA Final

★ 3K+

20-Nov-20 20:17

Yeah..... I too added only....pls check it again..... In question they've given 125000 and they added that 20000 to it. That is what I also done.......1st I've posted 125000 as the closing balance in cr side..... Posting 20000 in cr side means I'm adding that 25000 to closing balance of 125000...... And the balancing figure what arrived for me is matching your answer... For understanding purpose I've presented the answer like that..... But it should not be presented like that in exam....

Girinath A

CA Inter

★ 765

20-Nov-20 21:54

This is past year question, you please confirm with faculty

Thread Starter

Sri kanaga Varshini

CA Final

★ 3K+

21-Nov-20 22:23