If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800
and Closing stock
Rs.6,000. Then the amount of purchase will be
(a) Rs.80,500
(b) Rs.74,900
(c) Rs.74,700
(d) Rs.80,900.
Answers were Sorted based on User's Feedback
Answer / mahendra rajput
Ans is Rs.80900/-
Formula for the same is
Opening + Purchase - Closing stock = Sale
5800 + - 6000 = 80700
So, 80700 + 6000 - 5800 = 80900.
Is This Answer Correct ? | 34 Yes | 1 No |
Answer / tah
the formula is
opening + purchase - sales - closing stock
5800+ (80900 )?-80700-6000
so its tally
Is This Answer Correct ? | 5 Yes | 1 No |
Answer / sakshi rai
COGS=purchases+opening stock-closing stock
80700=purchases+5800-6000
Purchases=80700+200
=80900
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / shreyash
COGS = Purchase + Opening Inventory - Closing Inventory
So, 80,700 = Purchase + 5800 - 6000
Purchase = 80,700 - (-200)
Purchase = 80,700 + 200
Purchase = 80,900
Is This Answer Correct ? | 2 Yes | 1 No |
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