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what is cost of goods sold?
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Answer / anoj
Cost of goods sold means cost of acquiring the goods.It may
also be
( opening stock +purchase -return outward + direct
expenses - closing stock )
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Answered but misspelled pl correct ONE OF THE MAIN EXTERNAL USERS OF ACCOUNTING INFORMATION (ANS.SREKANB)
Tell me if the company wants to enhance thier business and incured the cost on other building (like Buliding Material, Iron and Others) so we will put it in to the expenses or i have to put it into the Fixed asset land and buildin by passing this entry Land and Building (Dr) Bank/Cash/Detors) (Cr) Thanks
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