X has closing stock which cost 38,750. This includes some damaged items which cost 3,660.
Question:
X has closing stock which cost ₹ 38,750. This includes some damaged items which cost ₹ 3,660. It will cost X ₹ 450 to repair these. He will be able to sell them for ₹ 1,500 after the repairs are completed. What is the correct value of X’s closing stock ?
A. ₹ 38,750
B. ₹ 36,590
C. ₹ 36,140
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Related Book For 
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
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2nd Edition
Authors: M Hanif, A Mukherjee
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