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Se : 30-Apr-B.Com-CC-4-Financial Accountancy - ||Question 15 :Calculate Purchase Cost of goods sold = 1,00,000 Opening stock = 8,000 Closing stock = 20,0001,08,0001,12,0001,00.0001,28.000 |
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Answer» COST of goods sold = Opening STOCK + Purchase - CLOSING stock 1,00,000 = 8,000 + Purchase - 20,000 1,00,000 = Purchase - 12,000 1,00,000 + 12,000 = Purchase Purchase = 1,12,000 Therefore, Purchase = 1,12,000 |
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