CA CPT Model Test Paper 5 with solutions for online practice

A sent some goods costing Rs. 3,500 at a profit of 25% on sale to B on sale or return basis. B returned goods costing Rs. 800. At the end of the accounting period i.e. on 31st December, 2009, the remaining goods were neither returned nor were approved by him. The stock on approval will be shown in the balance sheet at: