Calculate the adjusted cost of sales, showing opening stock, purchases, and closing stock.

Step 1: Calculate Adjusted Cost of Sales The cost of sales needs to be adjusted for the closing stock. Opening Stock = R54 890; Purchases (from Cost of Sales in TB) = R566 750; Closing Stock (from adjustment) = R53 200; Adjusted Cost of Sales = Opening Stock + Purchases − Closing Stock; Adjusted Cost of Sales = R54 890 + R566

Solved: Calculate the adjusted cost of sales, showing…

Step 1: Calculate Adjusted Cost of Sales
The cost of sales needs to be adjusted for the closing stock.

\text{Opening Stock} = \text{R}54\,890

\text{Purchases (from Cost of Sales in TB)} = \text{R}566\,750

\text{Closing Stock (from adjustment)} = \text{R}53\,200

\text{Adjusted Cost of Sales} = \text{Opening Stock} + \text{Purchases} - \text{Closing Stock}

Calculate the adjusted cost of sales, showing opening stock, purchases, and closing stock.

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