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From the Following Information, Calculate Change in Inventory of Finished Goods: - Accountancy

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प्रश्न

From the following information, calculate Change in Inventory of Finished Goods: Opening Inventory and Closing Inventory of Finished Goods ₹2,00,000 and ₹1,75,000 respectively.

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उत्तर

NOTES TO ACCOUNTS 

Note No.

Particulars

Amount

(Rs)

(a)

Finished Goods

 

 

Opening Inventory

2,00,000

 

25,000

 

  Less: Closing Inventory

1,75,000

 

 

25,000

Rs 25,000 will be shown in the Statement of Profit and Loss against Change in Inventories of Finished Goods.

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अध्याय 1: Financial Statements of a Company - Exercises [पृष्ठ ७०]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
अध्याय 1 Financial Statements of a Company
Exercises | Q 35 | पृष्ठ ७०

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