Given Opening stock 40 000 Purchases 115 000 Cl... - JAMB Commerce 1995 Question
Given:
Opening stock 40 000
Purchases 115 000
Closing stock 60 000
Sales 250 000
What is the cost of goods sold?
Opening stock 40 000
Purchases 115 000
Closing stock 60 000
Sales 250 000
What is the cost of goods sold?
A
N 155 000
B
N 95 000
C
N 50 000
D
N 30 000
correct option: b
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