In case the opening stock was Rs. 5,000, purchases Rs. 15,000 direct expenses Rs. 2,000 and closing stock Rs. 2,500, the cost of goods sold had been:
A. Rs. 20,000
B. Rs. 19,500
C. Rs. 21,500
D. Rs. 22,000
Answer: Option B
This Question Belongs to Commerce >> Accounting
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