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In cost of goods sold statement the cost of material consumed is equal

In cost of goods sold statement, the ‘cost of material consumed’ is equal to:


(A) Opening raw material stock+ Purchases – Ending raw material stock


(B) Opening raw material stock- Purchases + Ending raw material stock


(C) Ending raw material stock+ Opening stock - Purchases


(D) Ending raw material stock+ Opening stock + Purchases

Apr 11 2018 Read more Less More

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