From the data of a firm given alongside, find out net value added at factor cost:
Total sales rs 75,000
Purchase of raw materials and other inputs rs30,000
Indirect tax rs7,500
Consumption of fixed capital rs2,500.
Correct Answer - Entry in all Cases: Dr Sundry Assets A/c- ₹ 6,60,000 and Goodwill A/c - ₹ 20,000;
Cr . Sundry Liabilities A/c - ₹ 80,000 and star Ltd....