Question

From the following find out the correct equation A=Opening inventory; B=Purchases C=Closing Inventory D=Cost of Goods sold (a) D-A=B+C (b) A+B=D-C (c) A-C=D+B (d) A+B=C+D

Answer 1

COGS+C/S=O/S+Purchase

(d) A+B=C+D✔