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11. Tiktak clothing mart has the Opening inventory of RO 78, 400, Purchases of RO 94,600, Purchase discount of RO 1,750, Purchases return and allowances
11.
Tiktak clothing mart has the Opening inventory of RO 78, 400, Purchases of RO 94,600, Purchase discount of RO 1,750, Purchases return and allowances of RO 2,500, Transportation in of RO 1,100 and Closing inventory of RO 68,900 for the year ended 2018. Determine the cost of goods sold of Tiktak clothing mart? a. RO 238,750 b. RO 22,550 c. RO 100,950 d. RO 91,450Step by Step Solution
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