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Fundamentals of Accounting (CACPT)

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Multiple Choice

Cost of goods sold is Rs. 80,700
Opening inventory is Rs. 5,800
Closing inventory is Rs. 6,000

What is the amount spent on purchase?

  1. Rs. 80,500
  2. Rs. 74,900
  3. Rs. 74,700
  4. Rs. 80,900
  5. None of the above
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