The following data relates to the business of Hunter for the year ended 31 December2009.Inventory at 1 January 2009Inventory at 31 December 200942,70048,300Purchases279,600Purchase returns3,400Discounts received2,100What was the cost of sales for the year to 31 December 2009?

Name: The following data relates to the business of Hunter for the year end
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Description: The following data relates to the business of Hunter for the year ended 31 December2009.Inventory at 1 January 2009Inventory at 31 December 200942,70048,300Purchases279,600Purchase returns3,400Discounts received2,100What was the cost of sales for th

Cost of sales or cost of goods sold means the cost of goods which has been sold out including direct…

Business

Accounting

The following data relates to the business of Hunter for the year ended 31 December 2009. Inventory at 1 January 2009 42,700 Inventory at 31 December 2009 48,300 Purchases 279,600 Purchase returns 3,400 Discounts received 2,100 What was the cost of sales for the year to 31 December 2009?

The following data relates to the business of Hunter for the year ended 31 December 2009. Inventory at 1 January 2009 42,700 Inventory at 31 December 2009 48,300 Purchases 279,600 Purchase returns 3,400 Discounts received 2,100 What was the cost of sales for the year to 31 December 2009?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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