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5. Chelsea Ltd started the year with opening inventory valued at 21,000. The company made additional purchases totalling 35,000 during the year. Its closing inventory

5. Chelsea Ltd started the year with opening inventory valued at 21,000. The company made additional purchases totalling 35,000 during the year. Its closing inventory were 10,000. What is the cost of sales? a) 46,000 b) 10,000 c) 56,000 d) 21,000

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