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Teaching Accountancy Final Accounts Question Bank MCQ - Final Accounts

  • question_answer
    What is the purchase amount when opening stock is ` 3500, closing stock is ` 1500 and cost of goods sold is ` 22000?

    A)  ` 20000                                   

    B)  ` 27000

    C)  ` 24000                                   

    D)  ` 17000

    Correct Answer: A

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