Given ₦ Stock (1/4/94) 800 Purchases of ...
Question
Given ₦
Stock (1/4/94) 800
Purchases of flour 2,450
Sales 4,745
Wages of bakery staff 675
Carriage outwards 50
Salary of administrative staff 225
Stock (31/3/95) 940
Capital 1,540
Calculate the cost of goods sold.
Options
A)
₦3,925
B)
₦3,250
C)
₦2,985
D)
₦2,575
The correct answer is C.
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