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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN, Project Execution Manager & Accounts Manager, ALI INTERNATIONAL TRADING EST. - 9 years ago

If sales are $ 60,000 gross profit is 1/3 of cost, purchases are $ 49,000 and closing stock is$ 9,000, then opening stock will be ?

Accounting

Cost Accounting

Financial Accounting

Bank Accounting

managerial accounting

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