Closing inventory calculations
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dumutroba
Registered Posts: 262
Opening inventory 12500
Purchase 105000
Sales 155000 is this same as cost of goods sold?
Answer 10500?
According to the formula 12500+105000-155000 = 37500
Purchase 105000
Sales 155000 is this same as cost of goods sold?
Answer 10500?
According to the formula 12500+105000-155000 = 37500
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