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Following information is available at the end of December 2018 of Faisal Traders. Calculate Cost of...



Following information is available at the end of December 2018 of Faisal Traders.
Calculate Cost of Goods Sold.

Account Title Amount OMR Account Title Amount OMR
Merchandise Inventory
(31.12.2019) 10,000   
Purchases 24,000
Sales 68,000
Sales Returns 400

Merchandise Inventory
(1.1.2019) 8,000
Transportation on purchases 500
Purchases Returns 700

Business   Accounting   
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