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Zorluk: KolayBar Trading and Special Activities Account

Sunset Recreational Centre operates a bar for its members. During the year ended 31 December 2025, the centre recorded opening bar inventory of ₦8,000, purchases of bar drinks amounting to ₦45,000, and closing bar inventory of ₦12,000. What is the cost of goods sold for the bar operations in Naira (₦)?

Cevap: 41000 ₦

Cevap

The cost of goods sold for the bar operations is ₦41,000.
The cost of goods sold for the bar is computed using the standard trading account formula: Cost of Goods Sold=Opening Inventory+Purchases−Closing Inventory\text{Cost of Goods Sold} = \text{Opening Inventory} + \text{Purchases} - \text{Closing Inventory}. Substituting the given values: ₦8,000+₦45,000−₦12,000=₦41,000₦8,000 + ₦45,000 - ₦12,000 = ₦41,000.

Adım Adım Çözüm

1
Sum opening bar inventory and bar purchases to get total goods available for sale.
₦8,000 + ₦45,000 = ₦53,000
Opening inventory carried over from the prior period plus new stock purchased represents all inventory available to sell.
2
Subtract closing bar inventory from total goods available for sale.
₦53,000 - ₦12,000 = ₦41,000
Unsold inventory at the end of the financial period must be deducted to isolate the cost of items actually sold.

Anahtar Kavram

Calculation of Cost of Goods Sold in a Bar Trading Account
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Konular

Bar Trading and Special Activities Account

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