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Teaching Accountancy Final Accounts Question Bank MCQ - Final Accounts

  • question_answer
    What is the amount of closing stock when opening stock is ` 4500, cost of goods sold is ` 54500, purchase is ` 60000?

    A)  ` 19000                                   

    B)  ` 9000

    C)  ` 10000                                   

    D)  Nil

    Correct Answer: C

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