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1. Sales
2. Closing Inventory
3. GP
4. NP
Option2 is the right answer.
Op Inventory+Purchases-COS= Closing Inventory
Ans: (2) Closing inventory
Is equal to Closing inventory.
Answer = Closing Inventory : COS = Op Stock+Purchases+All Manu. Exp-Closing Stock.
Op Inventory + Purchases - COS is equal to? = closing inventory
2 Closing Inventory as cos is equal to deduction from inventory which is there in opening plus purchase
op inventory XXX
+ Purchases XXX
-COS (XXX)
OP inventory=XXX
Option2 >>>>> ( right answer)
Correct Answer is2. Closing Inventory. Opening Inventory + Purchases - COS is equal to closing Inventory.