Use the information provided below to calculate the cost of sales: Instruc...
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Use the information provided below to calculate the cost of sales:
|
R
|
Opening inventory
|
160 000
|
Purchases
|
240 000
|
Sales returns
|
39 000
|
Settlement discount granted
|
45 000
|
Import duties
|
52 000
|
Settlement discount received
|
63 000
|
Closing inventory
|
230 000
|
Instructions:
1. Use a full stop to indicate any decimals
2. Round off to the
3. Only show the amount,
do not show the R(eg:
12141.72)