Mr x submits you the accompanying data for the year, Ask an Expert

Accounting

Mr. X submits you the accompanying data for the year finished March 31, 2009:

Rs.

Stock as on April 1, 2008

1,50,000

Purchases

4,37,000

Manufacturing expenses

85,000

Expenses on sale

33,000

Expenses on administration

18,000

Financial charges

6,000

Sales

6,25,000

Gross benefit is 20% of offers.

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