In the first year of trading purchases cost $100000, closing inventory valued at cost amounted to $20000.
Question:
In the first year of trading purchases cost $100000, closing inventory valued at cost amounted to $20000. What is the cost of sales?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
To calculate the cost of sales you can use the following formula Cost of Sales Pu...View the full answer
Answered By
Ma Kristhia Mae Fuerte
I have extensive tutoring experience, having worked as a private tutor for over three years. I have tutored students from different academic levels, including high school, undergraduate, and graduate levels. My tutoring experience has taught me to be patient, attentive to student needs, and effective in communicating difficult concepts in simple terms.
I have a strong background in statistics, probability theory, data analysis, and data visualization. I am proficient in using statistical software such as R, Python, and SPSS, which are commonly used in academic research and data analysis. Additionally, I have excellent communication and interpersonal skills, which enable me to establish rapport with students, understand their learning styles, and adapt my teaching approach to meet their needs.
I am passionate about teaching and helping students achieve their academic goals.
0 Reviews
10+ Question Solved
Related Book For 
Cambridge International AS And A Level Accounting
ISBN: 9781444181432
1st Edition
Authors: Ian Harrison
Question Posted:
