Interested to Buy Any Domain ? << Click Here >> for more details...
what is cost of goods sold ?
- 21 Answers
- 24748 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / venkatesh
Sales minus gross profit is known as Cost of goods sold
| Is This Answer Correct ? | 24 Yes | 4 No |
Answer / b.swapna kothagudem
COGS= openingstock+purchase+directexpenses-closingstock
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / s.geetha
All the factory level expenses reduced from the sales
(or)
(purchases+all expenses)-sales=cogs
| Is This Answer Correct ? | 6 Yes | 4 No |
Answer / muhamed
Cost of Goods Sold Is nothing but It Can be directly
identified in the end Product.
Formula:
.Beginning Inventory + Purchases = Goods Available for Sale -
Ending Inventory = Cost of Goods Sold.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / srinivas
it is Opening stock + Purchases + direct expenses- closing
stock
| Is This Answer Correct ? | 2 Yes | 1 No |
COST OF GOODS SOLD =
OPENING STOCK + NET PURCHASE - STOCK AT THE END + DIRECT
EXPENSES
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / durga rao
cost of good sold is opening stock+purchage+all expences-
sales+closing stock
| Is This Answer Correct ? | 5 Yes | 5 No |
Difference between Depreciation and amortisation?
What is margin of safety?
how to treat accounts receivables and accounts payables in accounting. Which entries are done .
Expand R P I
What is the Difference between Proviso & Provision
what is the method for calculation of profitability statement?
the difference between cost accounting and management accounting
WAT IS THE DIFFERENCE BETWEEN JOINT VENTURE & PARTNERSHIP
Which one is best to company either debt or equity?
what do u mean by preliminary expenditure? what r they? where it is comes?
what is debentures
31 Answers eClerx, IBM, Syntel,
What is the accounting treatment in the hands of reciever of bonus share or share recived due to demerger or share split.
Audit 
