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Which of the following combinations of equations calculates the Cost of Goods Sold for a period in which sales and purchases were made? i Opening
Which of the following combinations of equations calculates the Cost of Goods Sold for a period in which sales and purchases were made?
i Opening Stock ii Closing Stock iii Purchases for the period iv Goods available for sale
Select one:
a. i - ii
b. iv ii
c. iv - iii
d. i + iii - ii + iv
e. None of the above
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