Question

12. From the following data of Avneet. Find out the cost of goods sold and sales for the year
2019-20
3
Stock of goods on 1-4-2019
Purchases during the year
Purchases Return
Carriage on purchases
Stock of goods on 31-3-2020
G.P. 20% on sales.
60.000
4.00.000
30.000
30.000
60.000​

Answer 1

Answer:

Cost of goods sold= Rs 400000

sales= Rs 500000

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