Given;
Purchases = N20,000
Sales = N40,000
Carriage inwards = N5,000
Carriage outwards = N5,000
Opening stock = N10,000
Closing stock = N5,000
What is the cost of goods sold?
A N30,000
B N25,000
C N20,000
D N15,000
Answer is A
Tutors, Past Questions and Projects.
Given;
Purchases = N20,000
Sales = N40,000
Carriage inwards = N5,000
Carriage outwards = N5,000
Opening stock = N10,000
Closing stock = N5,000
What is the cost of goods sold?
A N30,000
B N25,000
C N20,000
D N15,000
Answer is A
