what is the difference between cost of goods sold and cost of sales ?

what is the difference between cost of goods sold and cost
of sales ?

Question Posted / kanu

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what is the difference between cost of goods sold and cost of sales ?..

Answer / basanti

cost of goods sold means cost of acquiring the goods plus
indirect expenses (administrative expenses are exluded).

wheras cost of sales means cost of goods sold plus selling
& administrative expenses.

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what is the difference between cost of goods sold and cost of sales ?..

Answer / sravan

sales-cost of goods sold

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