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Commerce · Q1420

Accounting

Graduate and Post Graduate · Commerce · question 1420

Q1420

If opening stock is Rs. 10,000, purchases Rs. 30,000 direct expenses Rs. 4,000 and closing stock Rs. 5,000, the cost of goods sold would be:

A.
Rs. 39,000
Answer
B.
Rs. 40,000
C.
Rs. 41,000
D.
Rs. 44,000

Answer: Option A

Solution

Answer: Option A
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