What will be journal entry of cost of goods sold.
Answer Posted / vadeendra
cost of goods sold A/c dr
to profit and loss a/c
cost of goods sold is an expense so it should be debited.
| Is This Answer Correct ? | 1 Yes | 8 No |
Post New Answer View All Answers
Hello Friends, I am Vinod Rawat & want some tips of interview question for the post of accountant in a reputed company Pls. Given Examples.
how many view the tally backup erp9 after the tally backup in tally
Do you possess any knowledge about accounting standards?
What elements of your job do you find most difficult?
What is vendor?
my question is I am finance student I want to know which type of the question are asked by the interwier in interview.
what is the meaning of banking
your company by machinary for Rs 3000000/-, what will be the maximum term lean avaible form bank?
How can do it TDS in accounts?
What do you find most satisfying about this job?
What is account in accounting?
what is the meaning of 4X and 10X value in intraday market?
Is an "account receivable" and "goodwill" real accounts in accounting?
Other accounting interview questions to expect when you interview for an accountancy job include:
what is the head for stock trnasfer