how can I find cogs plz answers me
Answers
Answered by
1
Explanation:
To find the cost of goods sold during an accounting period, use the COGS formula:
1)-COGS = Beginning Inventory + Purchases 2)-During the Period – Ending Inventory.
3)-Gross Income = Gross Revenue – COGS.
4(-Net Income = Revenue – COGS – Expenses.
Answered by
1
Explanation:
To find the cost of goods sold during an accounting period, use the COGS formula:
COGS = Beginning Inventory + Purchases During the Period – Ending Inventory.
Gross Income = Gross Revenue – COGS.
Net Income = Revenue – COGS – Expenses.
Similar questions