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The following information is available from the trial balance of Electrolux Ltd as at 31 December Year 2019: Credit Debit 270,000 Sales revenue Inventory at
The following information is available from the trial balance of Electrolux Ltd as at 31 December Year 2019: Credit Debit 270,000 Sales revenue Inventory at 31 December 2018 Purchases 19,000 29,000 Closing inventory as at 31 December 2019 is 16,000. Calculate the cost of goods sold. Select one: a. 45,000 b. 238,000 c. 48,000 d. 32,000
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