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Use the information provided below to calculate the cost of sales:
|
R
|
Opening inventory
|
20 000
|
Purchases
|
90 000
|
Settlement discount granted
|
15 000
|
Freight charges
|
32 000
|
Closing inventory
|
70 000
|
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)
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