7

Question 7 Westmohr Ltd. (Westmohr) has the following balances in its accounting ledger at the financial year-end of 30 September 2021. Inventory at 1 October 2020, 8,100; Purchases 74,600; Sales E264,800. Returns-In 3,600; Returns-out 2,100; Carriage-in 4,400; Carriage-out 1,300; A stock-take was carried out on 30 September 2021 and closing inventory was valued at 6,200 What amount will show as Cost of sales on Westmohr's Income statement for the year ended 30 September 2021? O 75,000 77,300 O 74,200 O 78,800 O 75,700