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 is the difference between cost of goods sold and cost
of sales ?

Answer Posted / basanti

cost of goods sold means cost of acquiring the goods plus
indirect expenses (administrative expenses are exluded).

wheras cost of sales means cost of goods sold plus selling
& administrative expenses.

Is This Answer Correct ?    11 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain financial accounting.

1242


What does the abbreviation m mean in accounting?

1168


Accounting for vc money in financials

1226


In the case of stock transfer from one branch to another branch any reverse credit is applicable.

2094


Imagine you have to solve problems for multiple clients at the same time. How do you prioritize?

1229


"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

2091


WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"

2402


Do you know partitioning in accounting?

1123


Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received

2160


How do you add/remove a payment block for particular invoice ?

2239


What is the Corporate Tax, Minimum Alternate Tax, Professional Tax, Business Tax Describe Me

2346


What is account payee cheque? Expand ctc cheque?

1241


Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?

4088


rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

2168


What are the methods used in different industries for labor and non-labor costs in Projects.

2101