Question

7. Ascertain cost of goods sold from the following:

Opening stock 8.500

Purchases 30,700

Indirect expenses 4.800

Closing stock 5,200

Direct expenses 9,000​

Answer 1

Answer:

cost of goods sold = opening stock + net purchases + direct expenses _ closing stock

Explanation:

8500+30700 +9000_5200

43000is a answer