Question: 7.2 Learning Example Matt' s accountant has advised him that his cost of sales figure is $23,560. He has counted the stock in hand at

7.2 Learning Example Matt' s accountant has advised him that his

7.2 Learning Example Matt' s accountant has advised him that his cost of sales figure is $23,560. He has counted the stock in hand at the year end and it amounts to $4,320. He also knows that he had opening inventory of $3,255 and paid $1,200 to transport goods to customers and $670 delivery to suppliers for goods delivered to him. What is the value of Matt's purchases in the year? A. $25,295 B.$22,755 C.$23,955 D. $24,625

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