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Commerce · Q788

Accounting

Graduate and Post Graduate · Commerce · question 788

Q788

Which of the following equations is not correct?

A.
Cost of the goods sold - Closing Stock - Purchases = Opening Stock
Answer
B.
Purchases + Opening Stock - Cost of the goods sold = Closing Stock
C.
Opening Stock + Purchases - Closing Stock = Cost of the goods
D.
Closing Stock + Cost of the goods sold - Purchases = Opening Stock

Answer: Option A

Solution

Answer: Option A
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