For solution

Rajeev Kumar (Accountant) (34 Points)

14 January 2019  

Hello, pls give me solution .....

Opening stock of A & Co. Rs. 101000/-, total purchase Rs. 51000/- Sales Rs. 73000/- , discount Rs. 5000. Now since this company is being taken over by B & co. assuming the gross profit of 27.82% tell me the closing stock.