Multiple Choice
If opening stock for the year is £8,000,closing stock £5,000 and cost of goods sold £19,000,what is the value of purchases for the year?
A) £6,000
B) £9,000
C) £16,000
D) £3,000
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q21: If the cost of goods sold was
Q22: A company made the following transactions last
Q23: Which of the following are ways in
Q24: If purchases for the year are £18,250,closing
Q25: If the cost of goods sold was
Q27: A company has bought,amongst other things,the following
Q28: Which of the following statements is false?<br>A)
Q29: A company buys 500 units of stock
Q30: If opening stock is £2,000,purchases for the
Q31: Which of the following statements is correct?<br>A)