| Opening stock | 1800 |
| Purchases | 2800 |
| Sales | 800 |
| Closing stock | 800 |
| Carriage on sale | 500 |
A. N320
B. N350
C. N500
D. N800
Correct Answer:
Option D – N800
Explanation
Closing stock for the year of an accounting period is also regarded as unused stock.
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