Accountancy, asked by mittalraval580120, 8 months ago

how can I find cogs plz answers me ​

Answers

Answered by jisoo86
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 Anonymous
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.

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