Page 10 - HA- SUBJECTIVE - Copy

Sales 80,000
Purchases 60,000
Stock at the end 8,000
Loss on Cost 1/6
Question 22:

Calculate the Stock at the end:

₹
Stock in the beginning 20,000
Cash Sales 60,000
Credit Sales 40,000
Purchases 70,000
Rate of Gross Profit on Cost 1/3

Question 23:

Calculate the value of Closing Stock from the following information:

₹
Purchases 93,000
Wages 20,000
Sales 1,20,000
Carriage Outwards 3,200
Opening Stock 16,000
Rate of Gross Profit 25% on
Cost.
Question 24:

Calculate Purchases:

₹
Cost of Goods Sold 65,000
Stock in the beginning 4,000
Closing Stock 5,000
Question 25:

Calculate Sales:

Cost of goods sold ₹ 2,00,000
Rate of Gross Profit 20% on Sales
Question 26:

Debtors in the beginning of the year were ₹ 30,000, Sales on credit during the year
were ₹ 75,000, Cash received from the Debtors during the year was ₹ 35,000, Returns
Inward (regarding credit sales) were ₹ 5,000 and Bills Receivable drawn during the year
were ₹ 25,000. Find the balance of Debtors at th end of the year, assuming that there
were Bad Debts during the year of ₹ 2,000.