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.
- #800
- #500
-
#350
- #320
The correct answer is: 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