Question
The amount of purchase if Cost of Goods Sold =
₹80,700 Opening Inventory = ₹5,800 Closing Inventory = ₹6,000Solution
Explanation: COGS=Opening Inventory + Purchases − Closing Inventory 80,700 = 5,800 + Purchases − 6,000 ⇒ Purchases = 80,700 + 6,000 − 5,800 = ₹80,900
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