A. Sales – Cost of goods sold
B. Sales – Closing Stock Purchases
C. Opening Stock Purchases – Closing Stock
D. None of the above
Related Mcqs:
- Which of the following equations is correct??
- Which of the following relationships is/are false??
- The balance of which of the following accounts do not disappear, once they are debited/credited to Trading Account??
- Consider the following data pertaining to the production of a company for a particular month :?
- Sundry debtors as per Trial Balance is 43,000 which includes 2,200 due from ‗H in respect of goods sent to him on approval basis, the cost price of which is 1,800. Rectification would involve:?
- A few errors committed in Ahhiwalia’s books of account are given below. State which errors would affect the Trial Balance.?
- Sales and purchase journal don’t record__________??
- The Profit and Loss Account shows the:?
- In automobile ignition system contact breaker is used for
- Purchase journal is kept to record_____________??
