calculate the cost of goods sold and gross profit (a) opening stocks 30,000
Answers
Answered by
1
Explanation:
Opening Stock Rs 30,000, Purchases Rs 54,6000, Expenses on Purchases Rs 6,000, Sales Rs 90,000, Expenses on Sales Rs 3,000, Closing Stock Rs 36,600. Calculate Cost of Goods Sold and Gross Profit. =Rs30,000+Rs54,600+Rs6,000-Rs36,600=Rs54,000.
Similar questions