CA CPT 2014 June Question Paper Fundamentals of Accounting for online practice

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Question : 37 of 60
 
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Goods sent on consignment for Rs.50,000. During transit 1/10th of goods were destroyed by fire. Again 1/9th of goods received by consignee were destroyed by fire in godown. Half of the original goods were sold for Rs.30,000. Freight & insurance paid by consignor Rs.2,500 and Rs.1500 respectively.Calculate closing Stock.
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