Select the correct amount of purchases, given on the following information:
Cost of goods sold - Rs. 1,20,000;
Carriage inwards - Rs. 1,890;
Opening stock - Rs. 43,640;
Closing stock - Rs. 38,500;
Purchase returns - Rs. 2,150;
Sales - Rs. 2,82,650
A. Rs. 1,15,120
B. Rs. 62,650
C. Rs. 1,10,420
D. None of these
Answer: Option D
This Question Belongs to Commerce >> Accounting
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