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Commerce · Q573

Accounting

Graduate and Post Graduate · Commerce · question 573

Q573

The equation to find opening stock is

A.
Opening stock = Cost of good sold - closing stock + Total purchase
B.
Opening stock = cost of goods sold - closing stock - Total purchase
C.
Opening stock = cost of goods sold + closing stock + Total purchase
D.
Opening stock = cost of goods sold + closing stock - Net purchase
Answer

Answer: Option D

Solution

Answer: Option D
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