Multiple choice

Directions: Choose the correct option for the given question.

Which of the following is not correct?

  1. Cost of goods sold - Closing stock - Purchases = Opening stock.

  2. Purchases + Opening stock - Cost of good sold = Closing stock.

  3. Opening stock + Purchases - Closing stock = Cost of good sold.

  4. Closing stock + Cost of good sold - Purchases = Opening stock.

Reveal answer Fill a bubble to check yourself
A Correct answer