calculation of coast of goods sold

Categories >> Accounting >> Accounting General
Suggest New Category

Question Posted / hasini

6 Answers
9314 Views
Capital IQ, I also Faced
E-Mail Answers

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

net worth is: 1)total assets less outside liabilities 2)total liabilities plus owner equity 3) current assets less current liabilities 4) total accumulated profit less liabilities choose correct and with deatail.

3 Answers

What is American approach? Why do we use it inspite of Modern approach or Enlish approach ?

1 Answers HCL,

Discount on issue of debentures is a __________ (a) Revenue loss to be charged in the year of issue (b) Capital loss to be written off from capital reserve (c) Capital loss to be written off over the tenure of the debentures (d) Capital loss to be shown as goodwill

3 Answers

Define the accounting entries for payments

0 Answers Accenture,

7. Calculate the Selling Price: Cost is $ 30. Markup is 30% * Markup is based on cost * Markup is based on selling price

1 Answers

My firm got Rs.1,00,000/- as consultancy charge after deducting Rs.10,000/- as TDS. Now we have to pay Rs.15,000/- as Service Tax. Net effect we will receive only Rs.75,000/-. How can i account this.

1 Answers

Foreign currency Valuation

2 Answers Accenture,

What does the financial statement of the company include?

0 Answers

What Does Capacity Cost Mean?

1 Answers Honeywell, JPMorgan Chase,

investment in share in which account

1 Answers

What is the entry for bank guarantee,

7 Answers Karadi Path, Levtech Consulting,

bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc

0 Answers

For more Accounting General Interview Questions Click Here