urgent

1 - The following relevant informationis extracted from Combos torte Sales Revenue 11000,000 Sales Returns 50.000 Purchases for the year 500,000 Purchases Returns 60,000 Purchases discounts 110,000 Opening Inventory 200,000 Rate of gross profit on net sales Bot Ajman Company found a large amount of its inventory is damaged and subsequently lost. How identified a part of its inventory with a selling price of 30,000 remained undamaged. Further, se part with original selling price of 22,500 has a net realizable value of 8000 Required (a) Estimate the Ending inventory without any adjustment for damages 16 Martesi (b) Estimate the undamaged inventory at cost maris Id Calculate the loss of damaged Inventory 12 mars - !! 111 T: - " BIH Answer for Question 1 LIFE 100000 Panchas 10.000 Picha 110.000 Opening wory DK Rate of gross profit on ne saison Aman Company found a large amount of its inventory is damaged and lost. However the company Identified a part of its viventory with a sing price of 30,000 remained undantag. Further, some of med part with original setting price of 22.500 has'a netratie value of 000 Required a) Estimate the Ending inventory without any adjustment for damages. 6 Martel IN Estimate the undamaged Inventory at cost man ) Calculate the loss of damaged Inventory B T! Answer for Question 1 Sal. Opening inenter LIFE