given the following data: purchases sh. 54,533, returns outwards sh. 2,341, returns inwards sh. 1,766,...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Given the following data: Purchases sh. 54,533, Returns outwards sh. 2,341, Returns inwards sh. 1,766, Carriage outwards sh. 543, Carriage inwards sh. 4,324, Opening stock sh. 17,600, and closing stock sh. 14,342. What is the cost of sales? a. sh. 59,774. b. sh. 64,456. c. sh. 56,025. d. sh. 60,349
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
