[DK Goel] Q. 8 Financial Statements (without Adjustments) Solutions Class 11 CBSE (2025-26)

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Solutions of Question number 8 of Chapter 20 Financial Statements (without Adjustments) DK Goel class 11 CBSE (2025-26)

Ascertain the value of closing stock from the following:

Opening Stock1,20,000
Purchases During the year9,30,000
Sales during the year15,60,000
Rate of Gross Profit40% on Sales

[Ans. Closing Stock ₹ 1,14,000.]

Solution:-

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