Question

From the following ascertain the expenditure towards stationery item: Opening Stock Rs.1600, Purchases Rs. 2800, Closing Stock Rs.1400​

Answer 1

Explanation:

This can be represented as :

Cost of Goods Sold = Opening Stock +

Purchases - Closing Stock

80,700 = 5,800 + Purchases - 6,000

80,700 = 5,800 - 6,000 + Purchases

80,700 = Purchases - 200

Purchases = 80,700 + 200

Purchases = 80,900

Solve your question by using the idea of this solution. .....

I hope it will help you.....