For the calculation of cost of goods sold formula is-12991
For the calculation of cost of goods sold formula is
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Final Term - Quiz No.28.
For the calculation of cost of goods sold formula is
Opening stock - purchases + Freight/ carriage paid on purchases - closing stock
Opening stock / purchases + Freight/ carriage paid on purchases - closing stock
Opening stock + purchases + Freight/ carriage paid on purchases - closing stock
Opening stock * purchases + Freight/ carriage paid on purchases - closing stock