Complete the table:Cost of goods sold = Opening Stock + Purchases – _____
Q.1 (A) (1) Complete the table:
Cost of goods sold = Opening Stock + Purchases – _____
Q.1 (A) (1) Complete the table:
Cost of goods sold = Opening Stock + Purchases – _____
Best answer
Answer: Closing Stock
Cost of goods sold = Opening Stock + Purchases – Closing Stock. (Direct expenses such as wages and carriage inward are also added when they are given.)
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