godown. On ${12}^{th}$ June $1996$ there an insurance policy for Rs$\mathrm{.}4,50,000$ in respect of goods stored in

Rs$.14,500.$ Find out the amount of was a loss of goods due to fire. Gpods salvaged were valued at

information also.

for of goods taking into account the following additional

$2$ the company values its sto selling goods at a price to give profit margin of $25\%$ of the cost.

the closing stock was value at cost price or market price whichever is lower. On ${31}^{st}$ March $1996$

valued at Rs$\mathrm{.}8,000.$

s$\mathrm{.}4,$

During the same period

sale of $60\%$ of damaged goods of Book made sales amounting to Rs$.12,54,800($which included the

$[$Ans$.$ Net Claim Rs$\mathrm{.}4,37,529,$ Closing Stock Rs$\mathrm{.}5,23,200.]$

Q$.8$ While preparing the accounts for $2000$