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...

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

Tell me what is project implementation?

1010


Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

3585


I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

1845


What is "deposit in transit"?

1261


In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?

1448


a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?

1790


Tell me where do generally accruals appear on the balance sheet?

973


What is the entry to be passed on receiving the tds certificate in the books of the deductee?

2631


Mention whether the account "cash" will be credited or debited when a company pays a bill?

1168


How new/innavtive assets are to be treated under IFRS?

1961


{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?

2254


What is absorption costing with defination? and what is marginal costin with defination?

3056


Can i put opening stock in new company during closing time

1714


1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).

2060


Pass the journal entry: rent outstanding

1812