How is the Cost of Goods Calculated????

Answer Posted / raj chhetri

opening stock+purchases+direct expenses-closing stock

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How will be prepare invoice in tally, please tell me step by step

2367


I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.

1563


Expand--------CMTS

1937


Being BE student why you want to join bank?

1869


Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.

1651






What is the use of final account?

1395


how to download online - old ECR CHALLANS

4411


How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing

1774


what is an advance against expenses

2834


do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

1537


you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2263


how will i develop my fears in interviewd?

1584


Expand-------NAC

1783


why you want to join the banking and finance industry?

4224


what is difference between account and accounting

1307