Given:
opening stock #1,800
purchases #2,800
sales #8,000
closing stock # 350
carriage on sales # 500
calculate the value of the unused stock.
-
A.
#800 -
B.
#500 -
C.
#350 -
D.
#320
Correct Answer: Option C
Explanation
Unused stock can also be referred to closing stock. that is the left over stock after sales. In this case closing stock is 350