Find the value of opening stock from the following data. Purchases 1,50,000, Closing stock 30,000 Sales 2,20,000, Gross profit 40,000.

Accounting Mcqs

Find the value of opening stock from the following data. Purchases 1,50,000, Closing stock 30,000 Sales 2,20,000, Gross profit 40,000.

(A) 50,000

(B) 55,000

(C) 60,000

(D) 65,000

Submitted By: Ali Uppal

Share this...

Facebook

IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG.

PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION.

Your email address will not be published. Required fields are marked *

Comment *

Name *

Email *