Given figures showing: Sales 8,200; Opening stock 1,300; Closing stock 900; Purchases 6,400; Carriage inwards 200, the

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Given figures showing: Sales £8,200; Opening stock £1,300; Closing stock £900; Purchases £6,400; Carriage inwards £200, the cost of goods sold figure is

(A) £6,800

(B) £6,200

(D) Another figure.

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Frank Woods Business Accounting Volume 1

ISBN: 9780273681496

10th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Aug 20, 2023 01:11 AM

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Given figures showing: Sales 8,200; Opening stock 1,300; Closing stock 900; Purchases 6,400; Carriage inwards 200, the

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Step by Step Answer:

To calculate the cost of goods sold you can use the following formula Cost o...View the full answer

Frank Woods Business Accounting Volume 1

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