What will be journal entry of cost of goods sold.

Answer Posted / shyam singh rana

trading a/c---------------dr
To cost of goods sold A/c

Is This Answer Correct ?    6 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Please advise how to calculate net asset....

1871


hi for all i completed Mba finance in 2008.then i got a job in kpo capital iq as jra for 1 year than i left it and done a course sap fico so now looking for a job in sap how to approach? pls give me answer

1553


Do you know what is balance sheet?

618


How to pass workscontract sale invoice which includes WCT & VAT.

1798


What is the Technology used to carry out trades? Pls Tell me as early as possible.

3091






Describe the proof of cash type of bank reconciliation?

1463


When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.

1495


Explain me the term material facts in accounting?

623


Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es

1371


Tell me what is tally accounting?

3523


What is bad debt expense?

642


wat is mass allocation and when it is used

1612


How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary

1225


my brother is out of country i have lost his bank passbook when i was going to bank for the entries is their essential to take duplicate pass book can my brother is present for this.

1136


What is the distinction between cost accounting and management accounting?

627