Accountancy, asked by aryanjais1966, 11 months ago


- Give the formula to calculate "cost of Goods sold.'​

Answers

Answered by priyanka1649
7

Answer:

Cost of good sold=

Beginning Inventory+Purchases-Ending Investory

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Answered by isyllus
2

Cost of goods sold = Opening Stock + Purchase + Direct expenses - Closing stock

Or

Cost of goods sold = Net sales - Gross Profit

Explanation:

Cost of goods sold = Opening Stock + Purchase + Direct expenses - Closing stock

The above formula is taken from Trading Account so it's a detail of stock

many teacher also used Trading Account for calculation of cost of goods sold

alternate formula

Cost of goods sold = Net sales - Gross Profit

Note: you may calculate cost of goods sold any of these 2 formula.

According to the value  available for which formula  

#learn more

https://brainly.in/question/9745881

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