Which of the following is correct about cost of goods sold?

Accounts - Principles of Accounts

WAEC 2004

A. opening stock + purchases - closing stock
B. opening stock + sales + closing stock
C. openig stock - purchases - closing stock
D. opening stock + sales + closing stock

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Correct Answer: Option A

Explanation

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Which of the following is correct about cost of goods sold?

Correct Answer: Option A

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