6. Profit from the following
| ₹ | ₹ | ||
|---|---|---|---|
| Stock on 1st April, 2023 | 40,000 | Returns Outward | 80,000 |
| Purchases | 4,00,000 | Wages and Salaries | 50,000 |
| Sales | 3,80,000 | Returns Inward | 20,000 |
| Carriage Inwards | 20,000 | Stock on 31st March, 2024 | 1,30,000 |
Net Realisable Value (Market Value) of stock as on 31st March, 2024 was 1,20,000)
T.S.Grewal/2024 Edition/Practical Problems/Q-06
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.
Answer :