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    jkfino's Avatar
    jkfino Posts: 1, Reputation: 1
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    #1

    May 23, 2007, 08:20 PM
    Cost of Merchandise v. Cost of Good Sold
    Is cost of goods sold the same thing as cost of merchandise sold? If not and if no additional information about where the cost of merchandise sold figure came from should it be included on an income statement? :confused:
    goldenbutterfly's Avatar
    goldenbutterfly Posts: 63, Reputation: 8
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    #2

    May 25, 2007, 07:53 PM
    I believe it is the same.
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