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Inventory Write Down
Source: Clackr original
Cost Rs. 4,00,000 per car; estimated selling price Rs. 3,80,000; selling cost Rs. 10,000. Net realisable value = Rs. 3,70,000 per car. The write-down of Rs. 30,000 per car is charged to profit or loss.
Typing details
- 35 words, 201 characters
- 5 figures to type exactly
- About 1 minute at 40 WPM
About Figures & Abbreviations
Figures, entries and abbreviations: journal entries with amounts, GST invoice workings, depreciation, ratios and profit sharing. They build accuracy with the digits and punctuation of commerce work, where one wrong figure changes the meaning.