if average inventories is 12000. closing stock is 3000 more than opening stock. then what's is the closing stock?




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Answer / anurag jain

opening stock is 10500
closing stock is 13500

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Answer / nandana

Let opening inventory x.
Closing inventory is 3000+x
Average inventory=x+3000+x/2=12000
2x=21000
X=10500
So closing inventory=3000+10500=13500

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