Cost of goods sold is calculated as...................
Cost of goods sold is calculated as...................
Opening stock+ purchase - closing
Opening stock + sales - closing stock
Opening stock + purchase + closing stock
Opening stock + sales + closing stock
Correct answer is A
Starting inventory + purchases − ending inventory = cost of goods sold
The basis of accounting which eliminates debtors and creditors is ...
Goods worth N300 was transferred from department Q to P Similarly, P's total expenses for the pe...
Which of these is a capital expenditure warrant? ...
In which of the following books will trade discount be recorded? ...