calculation of coast of goods sold

Answers were Sorted based on User's Feedback



calculation of coast of goods sold..

Answer / raju

sales - gross profit

Is This Answer Correct ?    8 Yes 0 No

calculation of coast of goods sold..

Answer / priyul

Opening Stock + Purchase + Expenses related to purchase -
Closing stock.

Is This Answer Correct ?    7 Yes 1 No

calculation of coast of goods sold..

Answer / kannan

I'll give the full format
cost of goods sold
-------------------
opening stock+expenes of purchase(freight)-discount-closing stock

Is This Answer Correct ?    1 Yes 0 No

calculation of coast of goods sold..

Answer / saurav negi

manufacturing condition-
opening stock + purchase - closing stock
trading condition -
opening stock + expense of purchase - discount / commission -closing stock

Is This Answer Correct ?    0 Yes 0 No

calculation of coast of goods sold..

Answer / manu

sales-gross profits

Is This Answer Correct ?    0 Yes 0 No

calculation of coast of goods sold..

Answer / barodianbuddy(acca)

General answer:

COGS= OPENING STOCK + PURCHASE - CLOSING STOCK

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Accounting General Interview Questions

Explain the Depreciation, objectives for calculating the depreciation and various method for calculating depreciation

1 Answers  


where unclaimed dividend will come in the balance sheet?

5 Answers  


What is the difference betwween letter of credit and contract of gaurantee.........in what situations these will issued by whom?

1 Answers  


how to finalised the Balance sheet & profit & loss A/C

0 Answers   Allied Group,


what is the meaning of banking

0 Answers  






We can Show Director Exp. in Limited Compay,

1 Answers   ABC, Texmo,


Why don't show the opening & closing stock in Trial Balance.

3 Answers  


what is a register when referring to accounting or bookkeeping?

0 Answers  


what are the types of leverage ratios?

3 Answers  


How many types of business transactions are there in accounting?

0 Answers  


Proprietor paid amount of Rs. 11060/- for car insurance. Pass Journal.

0 Answers  


Outstanding Expenses are the examples of

4 Answers  


Categories