menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting for Non Specialists
  4. Exam
    Exam 3: Measuring and Reporting Financial Performance
  5. Question
    Calculate Cost of Sales If Stock at Start Is $2,450
Solved

Calculate Cost of Sales If Stock at Start Is $2,450

Question 12

Question 12

Multiple Choice

Calculate cost of sales if stock at start is $2,450, purchases are $19,000 and stock at end is $1,000.


A) $21,450.
B) $20,450.
C) $22,550.
D) $22,450.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q7: The recognition criteria that must be satisfied

Q8: Bad debts:<br>A)are sales where the customer returns

Q9: Cost of sales is a major expense

Q10: Choose the statement about depreciation that is

Q11: On 1 July 2017, LMZ Traders paid

Q13: To allow for debts that might prove

Q14: Which accounting statement is specifically designed to

Q15: Which of these are not alternative names

Q16: In relation to the recognition and realisation

Q17: If a business decided to classify its

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines