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Q. |
Goods are transferred from Department A to Department B at a price so as to include a profit of 33.33% on cost. If the value of closing stock of Department Y is `36,000, then the amount of stock reserve on closing stock will be |
A. | 12,000 |
B. | 9,000 |
C. | 18,000 |
D. | None of the above |
Answer» B. 9,000 |
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Financial Accounting