What will be journal entry of cost of goods sold.

Answer Posted / shyam singh rana

trading a/c---------------dr
To cost of goods sold A/c

Is This Answer Correct ?    6 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Where a cash discount should be recorded in a journal entry?

615


what stock transfer applicable in sister concern unit.

1794


difition of reserve & surplus

1749


what is the head for stock trnasfer

1677


Tell me what is the difference between accumulated depreciation and depreciation expense?

623






Give ONE reason for Balance Sheet to be out of balance

1587


non cash or bank income or expense

1320


HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?

1543


Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.

1653


What does the financial statement of the company include?

640


What are the nine accounting cycles?

660


What is mean by working capital?

640


adams a debtor for R600 had been declared insolvent and part of his debts has to be written off. The attorneys informed you that an amount of 25c in the rand will be paid and the rest must be written off

1279


Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.

1644


Differentiate between provision and reserve?

648