Vidyalelo
Commerce · Q2639

Accounting

Graduate and Post Graduate · Commerce · question 2639

Q2639

Given the following data extracted from the book of Abdul traders: Opening stock = Rs. 30,000 Closing stock = Rs. 40,000 Purchases = Rs. 1,25,000 Carriage inwards = Rs. 2,000 Carriage outwards = Rs. 3,000 Return outwards = Rs. 5,000 Sales = Rs. 1,50,000 The cost of goods sold will be

A.
Rs. 1,30,000
B.
Rs. 1,12,000
Answer
C.
Rs. 1,20,000
D.
Rs. 1,15,000

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board