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Arun consigned 2000 tons of coal at rs 50 per ton to Balu of delhi. he paid rs 20000 as freight. Due to normal wastage,
Arun consigned 2000 tons of coal at rs 50 per ton to Balu of delhi. he paid rs 20000 as freight. Due to normal wastage, only 1950 tones were received by Balu. He also paid rs 5000 as unloading and carting charges. The goods unsold amount to 650 tons.
You are required to calculate the value of the closing stock.
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