Accountancy, asked by hemantsoni11685, 6 months ago

1

V. Calculate cost of goods sold from the following:

Opening Stock 40,000
Wages & Salaries10000
Net Purchases
50,000
Rent Paid 15000
Net Sales190,000
Closing Stock 15000​

Answers

Answered by Prathamesh2300
1

Answer:

75000

Explanation:

COGS=opening stock+purchases-closing stock

=40000+50000-15000

=75000

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