Accountancy, asked by kaurrasleen117, 6 months ago

The goods available with the business for sale on a particular date is known as ____.​

Answers

Answered by Anonymous
2

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Answered by KishoreEga
0

Answer:

The goods available with the business for sale on a particular date is known as Cost of goods Available for Sale.

Explanation:

Cost of goods available for sale is calculated as following:

  1. Opening stock of finished goods
  2. Finished goods produced during the year
  3. Closing stock of finished goods

Cost of goods available for sale = 1+2-3.

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