CHAPTER: 4-CCA METHOD Que: 2. You are required to calculate the cost of sales adjustment from the following data: Particulars HCA Index of goods 1-1-2017 Opening stock of goods 50.000 400 Purchases of goods 400.000 440 31-12-2017 Closing stock of yoods 70.500 470 Index of goods as on 31-12-2017 was 480. However, the closing stock of goods was actually acquired on 14-11-2017 on which date the index of goods was 470. Purchases were made uniformly throughout the year. (2 Marks)