if goods purchased during the year is Rs 75000 opening stock Rs 75000 expensive Rs 8000 and closing stock is Rs 15,000 calculate cost of goods sold

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Solution

Dear Student

Cost of Goods Sold = Opening stock + Purchases +Direct expenses - Closing stock
= 75000 +75000 +8000-15000
= Rs 143000
We assume the expenses are direct expenses.

Regards

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if goods purchased during the year is Rs 75000 opening stock Rs 75000 expensive Rs 8000 and closing stock is Rs 15,000 calculate cost of goods sold

Dear Student Cost of Goods Sold = Opening stock + Purchases +Direct expenses - Closing stock = 75000 +75000 +8000-15000 = Rs 143000 We assume the expenses are direct expenses. Regards

Dear Student

Cost of Goods Sold = Opening stock + Purchases +Direct expenses - Closing stock
= 75000 +75000 +8000-15000
= Rs 143000
We assume the expenses are direct expenses.

Regards