Q. Goods are sent to branch at cost plus 20% .If closing stock of the branch is Rs 60,000 at invoice price, Rs____ will be credited to stock reserve a/c. (Solved)
1. Rs. 10,000
2. Rs. 12,000
3. Rs. 6,000
4. Rs. 12,600
- a. Rs. 10,000
1. Rs. 10,000
2. Rs. 12,000
3. Rs. 6,000
4. Rs. 12,600