Answer Posted / vinotha.v
COST OF GOODS SOLD =
opening stock + purchase (purchase - purchase return) +
direct expenses - closing stock.
(OR)
COST OF GOODS SOLD =
SALES (sales - sales return) - GROSS PROFIT.
Is This Answer Correct ? | 23 Yes | 3 No |
Post New Answer View All Answers
can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....
EXPAND_________SEAMEC
In what cases can Convertible bonds be considerred as derivatives?
What is the defination of job costing, batch costing and contract costing?
Dear sir,i have completed M.sc,MBA.STILL I AM NOT GETTING WELL POSITION .I THINK ON LOW BUGET ON COURSE TO IMPROVE MY POSITION IN FINANCE FIELD.
What is dematerialisation and its benefits?
about tally erp9
What Kind Of Requirements for Vat Refund And Assessment Cases
HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?
What is the important of cash in a business unit
Expand---------OST
what is the meaning of input vat & out put vat?
after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...
what do you mean indirect expanse in trading business?
define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09