3(A). Calculate cost of goods sold from the following

Particulars Particulars
Opening Stock 40,000 Wages & Salaries 10,000
Net Purchases 50,000 Rent Paid 15,000
Net Sales 1,90,000 Closing Stock 15,000

(Delhi 2017)

 D.K.Goel/2024 Edition/Practical Questions/Q-03(A)

3(B). Ascertain cost of Goods Sold and Gross Profit from the following:

Opening Stock 32,000
Purchases 2,80,000
Direct Expenses 20,000
Indirect Expenses 45,000
Closing Stock 50,000
Sales 4,00,000
Sales Return 8,000

 D.K.Goel/2024 Edition/Practical Questions/Q-03(B)

For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company

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