What will be journal entry of cost of goods sold.
Answer Posted / nurulla
OPENING STOCK a/C DR
PURCHASES A/C DR
CARRIAGE INWARD A/C DR
TO SALES A/C
TO CLOSING STOCK A/C
| Is This Answer Correct ? | 2 Yes | 5 No |
Post New Answer View All Answers
If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .
what are your current financial and accounting projects? What is your role?
Capital secure should be shown in which side of the balance sheet?
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
Explain me scrap value in accounting?
How can you do credit control?
sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example
Tell me what does the standard journal entry includes?
Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
Explain accounting 101?
Explain me the difference between public and private accounting?
What are the reasons which cause pass book of the bank and your bank book not tally?
sale cycle
How to prepare finalization accounts?