17. If opening stock for the year is £8,000, closing stock £5,000 and cost of goods sold £19,000, what is the value of purchases for the year?
A. £6,000
B. £9,000
C. £16,000
D. £3,000
Answer : C
17. If opening stock for the year is £8,000, closing stock £5,000 and cost of goods sold £19,000, what is the value of purchases for the year?
A. £6,000
B. £9,000
C. £16,000
D. £3,000
Answer : C