Question

If the opening stock is Rs. 20000, purchase Rs. 50000, wages
Rs. 10000, freight on purchase Rs. 2000, office rent Rs. 3000
and clossing stock Rs. 12000, Calculate cost of goods sold.

Answer 1

Explanation:

As we can see

your Opening Stock is 20,000

And Closing Stock is 12,000

Then your sold goods cost is 8,000