Given: Opening stock: N40,000.00 Purchases: N115,000.00 Closing stock: N60,000.00 Sales: N250,000.00 Which is the cost...
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Given:
Opening stock: N40,000.00
Purchases: N115,000.00
Closing stock: N60,000.00
Sales: N250,000.00
Which is the cost of goods sold?
- A) N155,000.00
- B) N95.000.00
- C) N50,000.00
- D) N30,000.00
Correct Answer: B) N95.000.00
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