A fire occurred in the premises of M/s Preet Enterprises on the night of 28th September, 2022. The firm has taken an Insurance Policy for ₹ 5,00,000 which is subject to average clause. The value of goods salvaged was estimated at ₹ 62,500. The firm continues to maintain the same rate of Gross Profit as during the preceding year. The following information were available: Particulars₹ (i) Stock at Cost on 1st April, 20215,25,000 (ii) Stock at Cost on 31st March, 20224,20,000 (iii) Purchases for the year ended 31st March, 202237,35,000 (iv) Sales for the year ended 31st March, 202248,00,000 (v) Purchases from 1st April,2022 to 28th September, 202227,22,000 (vi) Sales from 1st April, 2022 to 28th September, 202233,30,000 Additional Information: (i) Purchase up to 28th September,2022 did not include ₹1,20,000 for which purchase invoice had not been received from suppliers though the goods had been received in the warehouse. (ii) Sale value of goods distributed for advertisement from 1st April,2022 to 28th September, 2022 is ₹90,000. (iii) Sales up to 28thSeptember, 2022 include ₹90,000 for which the goods had not been dispatched. (iv) On 1st July,2022, goods worth ₹1,50,000 was sold to Ram and Co. on approval basis which was included in the sales but no approval had been received for 2/3rd of the goods sold to them till 28th September, 2022. You are required to ascertain the amount of claim to be lodged with the Insurance Company for Loss of Stock.

Mr. Saurabh held 10,000 equity shares of BT Limited on 1st April,2021. Nominal value of the shares is ₹2 each and their book value is ₹7 per share. – On 4th July,2021 he purchased another 7,500 shares at ₹10 each. – On 31st July 2021 the company announced a Bonus and Right issue. – Bonus was declared of one share for every five shares held and was received on 5th August, 2021. – Right issue to be issued on 12th September,2021, which entitled the holders to subscribe to additional 2 shares for every 7 shares held at ₹2 per share. Shareholders were entitled to transfer their rights in full or part. Mr. Saurabh sold whole of his entitlements to Mr. Nihal at ₹1.50 per share. – Dividend was declared for the year ended 31st March,2021 @ 25% and received by Mr. Saurabh on 19th September 2021. – On 11th December 2021 Mr. Saurabh sold 7,500 shares at ₹8 per share. – The market price of the shares on 31st March,2022 was ₹7 per share. You are required to prepare the Investment Account of Mr. Saurabh on 31st March,2022 considering the above mentioned points, also state the value of shares held on that date. (Assume investment as current investment)