Tuesday, June 17, 2008

Calculate Cost of Goods Sold

How to Calculate Cost of Goods Sold?

Accounting Equation:

Cost of Goods Sold (COGS) = Beginning Inventory + Net Purchases - Ending Inventory

No comments:

Popular Accounting Problems

The information on this site is for informational purposes only and should not be used as a substitute for the professional advice of an accountant, tax advisor, attorney, or other professional.