Use the following information, \(\begin{array}{c|c} & Le\\ \hline \text{Sales} & 183,400 \\ \text{Purchases} & 168000\\ \text{Opening stock} & 20,100\\ \tex...

Answer Details

To calculate the cost of goods sold, we need to use the formula: Cost of Goods Sold = Opening Stock + Purchases + Carriage Inwards - Closing Stock - Returns Outwards Substituting the given values, we get: Cost of Goods Sold = 20,100 + 168,000 + 5,000 - 48,800 - 8,000 Cost of Goods Sold = Le 136,200 Therefore, the cost of goods sold is Le 136,200. The correct option is (c).