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...

How is the Cost of Goods Calculated????

Answer Posted / nishi

Cost of Goods Sold (COGS)= Opening Stock + Purchase + Diret
Expenses - Closing Stock.
or
Cost of Goods Sold = Net sales - Gross profit

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

send me accounting test ppaers

2140


Interest earned on investments is an__________

2080


Queries for Big4 Articleship : Whether son of CA in practice effects chances.

6926


how to prepare mba finance for interview questions

2611


I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.

1854


Expand---------TDCB

1878


WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

2425


Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?

1887


cany anyone explaing what are the functions of an Account Officer/Manager?

2092


Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .

2198


what are responsibilities of an accountant in a company?

1993


Explain why retained earnings have an opportunity cost associated?

3389


sort out the difference between service provider & service reciepient from the service tax.

2003


What is Inventory Control?

4934


Expand------ARN

2425