| 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.
Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…
Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…
Do you want to study Cooperative and Business Management in OOU? Before you apply for…
Do you want to study Home and Hotel Management in OOU? Before you apply for…
Do you want to study Animal Production in OOU? Before you apply for the OOU…
Do you want to study Crop Production in OOU? Before you apply for the OOU…