what is cost of goods sold ?

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Question Posted / arjun_sathi

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what is cost of goods sold ?..

Answer / venkatesh

Sales minus gross profit is known as Cost of goods sold

Is This Answer Correct ?

24 Yes

4 No

what is cost of goods sold ?..

Answer / bhavani

sales-gross profit=Cost of goods sold...

Is This Answer Correct ?

14 Yes

1 No

what is cost of goods sold ?..

Answer / b.swapna kothagudem

COGS= openingstock+purchase+directexpenses-closingstock

Is This Answer Correct ?

11 Yes

1 No

what is cost of goods sold ?..

Answer / nitin

sales-g.p

Is This Answer Correct ?

6 Yes

2 No

what is cost of goods sold ?..

Answer / chandu

in Quick Books {Sales- Gross Profit}= Cost of goods sold

Is This Answer Correct ?

4 Yes

1 No

what is cost of goods sold ?..

Answer / s.geetha

All the factory level expenses reduced from the sales
(or)
(purchases+all expenses)-sales=cogs

Is This Answer Correct ?

6 Yes

4 No

what is cost of goods sold ?..

Answer / muhamed

Cost of Goods Sold Is nothing but It Can be directly

identified in the end Product.

Formula:

.Beginning Inventory + Purchases = Goods Available for Sale -

Ending Inventory = Cost of Goods Sold.

Is This Answer Correct ?

3 Yes

1 No

what is cost of goods sold ?..

Answer / srinivas

it is Opening stock + Purchases + direct expenses- closing
stock

Is This Answer Correct ?

2 Yes

1 No

what is cost of goods sold ?..

Answer / amit kumar

COST OF GOODS SOLD =

OPENING STOCK + NET PURCHASE - STOCK AT THE END + DIRECT
EXPENSES

Is This Answer Correct ?

1 Yes

0 No

what is cost of goods sold ?..

Answer / durga rao

cost of good sold is opening stock+purchage+all expences-
sales+closing stock

Is This Answer Correct ?

5 Yes

5 No

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