Accountancy, asked by amreenkaur870, 3 months ago

4) Q: Calculate COGS , Gress Profit and net profit Opening Stock 10000 Clesing stock 8000 Carriage 3000 Wages 2000 Rent 1000 Salaries 5000 Purchases 40000 Purchase Returns 3000 Net sales 85000 Royalty on sales 5000

Answers

Answered by radhika16912

0

Explanation:

cogs( cost of goods sold)= opening stock- closing stock

=10,000+3000+2000+1000+5000+40000+3000+85000+5000-8000

=146000

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