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Question 2 Chapter 1 – Unimax Publications of Class 11
2. From the information given below, calculate cost of goods sold.
| Rs. | |
| Opening Stock | 8,500 |
| Purchases | 30,700 |
| Direct Expenses | 4,800 |
| Indirect Expenses | 5,200 |
| Closing Stock | 9,000 |
| 3,200 |
The solution of Question 2 Chapter 1 – Unimax Publications of Class 11:
| Cost of goods sold | = Opening Stock + Net Purchases + Direct Expenses – Closing Stock |
| = Rs. 8,500 +30,700 +4,800 – 9,000 | |
| = Rs. 35,000 |
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