Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


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

Answers were Sorted based on User's Feedback



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.

Is This Answer Correct ?    11 Yes 1 No

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

Answer / sravan

sales-cost of goods sold

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting General Interview Questions

What is balance sheet and off balance sheet?

0 Answers  


what is capital reserve?

7 Answers   Capital IQ,


How do I pass entries towards advance paid to program ependiture. ex: Rs.20000 advance paid to Program officer. and he come back with program expenses venue Rs.1000, food expenses Rs.10000 and travel Rs.4000 and accommodation Rs.6000. Kindly give me the answer that how do I pass the entries and how should I adjust advance.

3 Answers   Communication for Development and Learning,


The following figures relate to the trading activities of M/s ABC Traders Ltd for the year ending 31 March 2004. Particulars Amount (Rs) Sales 5,20,000 Opening stock 76,250 Purchases 3,22,250 Closing stock 98,500 Sales return 20,000 Selling and Distribution Expenses Salaries 15,300 Advertising 4,700 Travelling 2,000 Administrative Expenses Salaries 27,000 Rent 2,700 Stationery 2,500 Depreciation 9,300 Other charges 16,500 Provision for tax 4,000 Non Operating Income Dividend on shares 9,000 Profit on sales of shares 3,000 Non Operating Expenses Loss on sale of fixed asset 4,000 You are required to: (i) Arrange the above figures in a form suitable for analysis. (ii) Show separately the following ratios. Net profit ratio Operating ratio Stock turnover ratio

1 Answers   Candico,


interview process in factset

6 Answers   FactSet Systems,


Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.

0 Answers   R D Traders,


how to account the purchase and sale of fixed assets?

2 Answers  


Explain the Accounting Equation?

1 Answers  


how to make conversions from tally to ms excel sheet like profit & loss a/c and balance sheet & trial balance

3 Answers  


What are the advantages & disadvantages of double entry system?

0 Answers  


accounting concepts

7 Answers   Capital IQ,


X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?

0 Answers   HSBC,


Categories