02 November 2011
june 2006: opening stock 408000 credit sales 1500000 cash sales 200000 total sales 1700000
july 2006: opening stock 434400 credit sales 1600000 cash sales 210000 total sales 1810000
aug 2006: opening stock 460800 credit sales 1700000 cash sales 220000 total sales 1920000 selling price is 125% of the purchase price. (1)The cost of goods sold for the month of june, 2006 is ??? (2) stock purchased in july,2006 is ???
CAclubindia
