Trading & P&L A/C dr. 1000 To Cost of goods sold 1000 (being co

What will be journal entry of cost of goods sold.

Question Posted / surabhi gupta

Answer Posted / surabhi gupta

Trading & P&L A/C dr. 1000
To Cost of goods sold 1000
(being cost of goods sold transferred to Trading & P&L A/c)

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