Calculate Cost of Goods sold from the following? Opening stock OMR 20000, Carriage outwards OMR 2000, Purchases OMR 40000, Sales OMR 80000, Closing Stock OMR 20000, Salaries and wages OMR 10000 and Sales return OMR 6000 a. OMR 40000 b. OMR 52000 C. OMR 34000 d. OMR 50000
Calculate Cost of Goods sold from the following? Opening stock OMR 20000, Carriage outwards OMR 2000, Purchases OMR 40000, Sales OMR 80000, Closing Stock OMR 20000, Salaries and wages OMR 10000 and Sales return OMR 6000 a. OMR 40000 b. OMR 52000 C. OMR 34000 d. OMR 50000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Calculate Cost of Goods sold from the following? Opening stock OMR 20000, Carriage outwards OMR 2000,
Purchases OMR 40000, Sales OMR 80000, Closing Stock OMR 20000, Salaries and wages OMR 10000 and Sales
return OMR 6000
a.
OMR 40000
b.
OMR 52000
C.
OMR 34000
d.
OMR 50000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F74245fe7-a9e8-4f7b-8683-a0b90d6797a4%2F42c5907d-7390-41ec-9f56-1a44fe02c947%2Fs1d0o9u_processed.png&w=3840&q=75)
Transcribed Image Text:Calculate Cost of Goods sold from the following? Opening stock OMR 20000, Carriage outwards OMR 2000,
Purchases OMR 40000, Sales OMR 80000, Closing Stock OMR 20000, Salaries and wages OMR 10000 and Sales
return OMR 6000
a.
OMR 40000
b.
OMR 52000
C.
OMR 34000
d.
OMR 50000
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