Question

Calculate stock in the beginning Sales 80000, purchase 60000, stock in end

8000 loss on cost 1/6
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Answer 1

Answer:

44,000/-

Explanation:

let COGS be x

then loss is x/6

sales= COGS- loss

COGS= 96,000/-

COGS= opn. stock+ purchase - closing stock

opn stock = 44,000/-

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