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View Full Version : Cost of good sold


elcapitan60
May 8, 2010, 12:38 PM
Define Cost of Goods Sold

ROLCAM
May 8, 2010, 04:47 PM
Opening balance of Inventory,
PLUS
Purchases of Goods during the period.
LESS
Closing balance of Inventory.
EQUALS
Cost of Goods Sold.