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Q. |
Goods are sent to branch at cost plus 20% .If closing stock of the branch is Rs 60,000 at invoice price, Rs____ will be credited to stock reserve a/c. |
A. | Rs. 10,000 |
B. | Rs. 12,000 |
C. | Rs. 6,000 |
D. | Rs. 12,600 |
Answer» A. Rs. 10,000 |
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