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Given; Purchases = N20,000 Sales = N40,000 Carriage inwards = N5,000 Carriage outwards ...

Given;
Purchases = N20,000
Sales = N40,000
Carriage inwards = N5,000
Carriage outwards = N5,000
Opening stock = N10,000
Closing stock = N5,000
What is the cost of goods sold?

A. N30,000
B. N25,000
C. N20,000
D. N15,000




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