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Commerce · Q494

Accounting

Graduate and Post Graduate · Commerce · question 494

Q494

Which of the following is not correct:

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

Answer: Option D

Solution

Answer: Option D
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