Q1111
The value of opening stock as on 1stJanuary 2003 was Rs. 7,000 stock of Rs. 23,000 in January were purchased. COGS was Rs. 21,000. What was the value of closing stock as on 31st January, 2003?
A.
Rs. 7,000
B.
Rs. 5,000
C.
Rs. 2,000
D.
Rs. 9,000
AnswerAnswer: Option D
Solution
Answer: Option D
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