alleryStart learning →Opening stock Rs 40,000, purchases Rs 3,00,000, closing stock Rs 60,000. Cost of goods sold?
ARs 3,00,000
BRs 2,60,000
CRs 2,80,000
DRs 3,40,000
Answer & Solution
Correct answer: C. Rs 2,80,000
Cost of goods sold = 40,000 + 3,00,000 - 60,000 = Rs 2,80,000.
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Related questions
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