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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.
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Answer Posted / sakshi rai
COGS=purchases+opening stock-closing stock
80700=purchases+5800-6000
Purchases=80700+200
=80900
| Is This Answer Correct ? | 2 Yes | 1 No |
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