15. (a) A fire occured on 15th September 1996 in the business premises from the following figures ascertain the claim to be lodged. Rs. Stock on 1st April 1996 1,05,000 Purchases from 1st April to the date of fire 3,50,000 manufacturing expenses 2,60,000 Sales from 1st April to the date of Fire 6,76,000 goods used by the partner privately (cost) 10,500 The rate of gross profit is 30% on cost. The stock salvaged is Rs.36000 Or (b) Differentiate self balancing with sectional balancing