COMMERCE ACADEMY CALICUT
February 11, 2025 at 10:47 AM
Compute cost of goods sold for the year 2017 with the help of the following information and
prepare trading account
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Sales 20, 00,000
Purchases 15, 00,000
Wages 1, 00,000
Stock (Apr. 01, 2016) 3, 00,000
Stock (March 31, 2017) 4,00,000
Freight inwards 1,00,000
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