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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › mini exercises Q.no 2 (RElated cost of sales)
i am not understanding that..opening inventory and closing inventory..just purchases and cost of sales is given…
Use basic algebra. Let “x” = opening inventory. Then closing inventory is “1.3x” (from memory)
Now solve to find the value of “x”
If that doesn’t do it for you, post again, but give me ALL the relevant details from the question – I’m sorry but I don’t have access to the course notes
thanks a lot sir..i understood..again thanks..please carry on replying us
Of course I shall, and you’re welcome