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Compute the opening stock of raw material from the details given below: Raw material purchased $ 37,000 Transport Inwards $7,000 Closing Stock $5,000 Raw material consumed $ 50,000

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Compute the opening stock of raw material from the details given below: Raw material purchased $ 37,000 Transport Inwards $7,000 Closing Stock $5,000 Raw material consumed $ 50,000