Question

cost of good sold is equal
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Answer 1

Explanation:

The cost of goods available for sale equals the beginning value of inventory plus the cost of goods purchased. The cost of goods sold equals the cost of goods available for sale less the ending value of inventory

Answer 2

Answer:

Beginning Inventory (at the beginning of the year) Plus Purchases and Other Costs. Minus Ending Inventory (at the end of the year) Equals Cost of Goods Sold.