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Sally’s shop sells pencils and her financial year ends on 31 August on 30 August 20×2 there was fire which

Question

Sally’s shop sells pencils and her financial year ends on 31 August .on 30 August 20×2.there was fire which

destroyed part of her inventory sally did not have insurance she provides the following information.On 1 September 20×1 the innventory were £77,000 , sales during the year £250,000 and purchases during the previous year were £15,3000 .sally applies a mark-up on cost of £150 percent.inventrory that remained intact and can be sold amount to £52,000. How much the amount of inventory?

Managerial Accounting

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