Question

se : 30-Apr-B.Com-CC-4-Financial Accountancy - ||
Question 15 :
Calculate Purchase Cost of goods sold = 1,00,000 Opening stock = 8,000 Closing stock = 20,000
1,08,000
1,12,000
1,00.000
1,28.000​

Answer 1

Explanation:

Cost of goods sold = Opening stock + Purchase - Closing stock

1,00,000 = 8,000 + Purchase - 20,000

1,00,000 = Purchase - 12,000

1,00,000 + 12,000 = Purchase

Purchase = 1,12,000

Therefore, Purchase = 1,12,000

Answer 2

Answer:

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