Harrison Ford has opening stock of 30,000 and makes purchases during the year of 340,000. He removes

Question:


Harrison Ford has opening stock of €30,000 and makes purchases during the year of €340,000. He removes goods costing €1,500 for his own use, and the business achieves a constant mark-up of 20 percent on cost. Sales for the period are

€360,000.

What is Harrison’s closing stock?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: