Ascetain Cost of Goods Sold from the following {:(,Rs,|,,Rs),("Indirect Expenses","15,200",,"Direct Expenses","18,600"),("Sales","1,20,000",,"Net Purchases","72,000"),("Return Inwards","12,000",,"Return Outwards","8,000"),("Opening Inventory","16,000",,"Closing Inventory ","28,000"):}

Ascetain Cost of Goods Sold from the following {:(,Rs,|,,Rs),("Indire

1.	Ascetain Cost of Goods Sold from the following {:(,Rs,\|,,Rs),("Indirect Expenses","15,200",,"Direct Expenses","18,600"),("Sales","1,20,000",,"Net Purchases","72,000"),("Return Inwards","12,000",,"Return Outwards","8,000"),("Opening Inventory","16,000",,"Closing Inventory ","28,000"):}
Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :Cost of Goods Sold = Opening <a href="https://interviewquestions.tuteehub.com/tag/inventory-1050568" style="font-weight:bold;" target="_blank" title="Click to know more about INVENTORY">INVENTORY</a> + Purchases (Net) + <a href="https://interviewquestions.tuteehub.com/tag/direct-954477" style="font-weight:bold;" target="_blank" title="Click to know more about DIRECT">DIRECT</a> Expenses - Closing Inventory <br/> `= <a href="https://interviewquestions.tuteehub.com/tag/rs-625947" style="font-weight:bold;" target="_blank" title="Click to know more about RS">RS</a> 16,000 + Rs 72,000 + Rs 28,000 = Rs 78,600`</body></html>

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Ascetain Cost of Goods Sold from the following {:(,Rs,|,,Rs),("Indirect Expenses","15,200",,"Direct Expenses","18,600"),("Sales","1,20,000",,"Net Purchases","72,000"),("Return Inwards","12,000",,"Return Outwards","8,000"),("Opening Inventory","16,000",,"Closing Inventory ","28,000"):}

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