Q. 65 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 65 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Q. 65 (A). ₹ 3,00,000 is the cost of Revenue from Operations (Cost of Goods Sold), Inventory turnover 8 times; Inventory at the beginning is 2 times more than the inventory at the end. Calculate the values of Opening & Closing inventories.
[Ans. Opening Inventory ₹ 56,250; Closing Inventory ₹ 18,750.]
Solution:-
Q. 65 (B). ₹ 1,50,000 is the cost of Revenue from Operations (Cost of Goods Sold), Inventory turnover 8 times; Inventory at the beginning is 1.5 times more than the inventory at the end. Calculate the values of Opening & Closing inventories.
[Ans. Opening Inventory ₹ 26,786; Closing Inventory ₹ 10,714]
Solution:-
