On April 07 , 2005 , i.e,a week after the end of the accounting year 2004-05,a company undertook physical stock verification. The value of stock as per physical stock verification was found to be Rs.35,000. The following details pertaining to the period April 01,2005 to April 07, 2005 are given : I. Goods costing Rs.5,000 were sold during the week. , II. Goods received from consignor amounting to Rs.4,000 included in the value of stock. III . Goods earlier purchased but Returned during the period amounted to Rs.1,000 IV. Goods earlier purchased and accounted but not received Rs.6,000 . After considering the above , the value of stock held as on March 31 , 2005 was
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