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متابعة

Purchases+opening stock-closing stock=?

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تم إضافة السؤال من قبل Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group
تاريخ النشر: 2015/06/02
Ahmed Abdi Mahad
من قبل Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

Purchase + Opening stock - Closing stock = Cost of goods sold

Choice C is the answer

Faisal Jawad CMA
من قبل Faisal Jawad CMA , Chief Accountant , Teltonika Middle East

Opening Stock + Purchases + Wages + Carriage inwards + Insurance - Closing Stock = Cost of Sales

IFTIKHAR AHMED
من قبل IFTIKHAR AHMED , Assistant Accountant , Ontracking FZCO

The Correct Answer is option ( " C " )

Mohamed Atiia El Derby
من قبل Mohamed Atiia El Derby , Finance Manager , El Gendy Motors For Cars

Purchases+opening stock-closing stock= Cost of sales (cost of goods sold )  

mehfooz alam khan habib khan
من قبل mehfooz alam khan habib khan , Security Incharge , Landmark Group (Emax)

Yes Cost Good Sold is the right answer.

Thirukumaran Thilagar
من قبل Thirukumaran Thilagar , Store & Purchase , Jraj Exports

  • answer is C..................................................

Haidar Alali
من قبل Haidar Alali , GL Accountant , National OilWell Varco NOV

Option C, Cost of goods sold.

Abdul Fatah AbdulAleem
من قبل Abdul Fatah AbdulAleem , Real Estate Broker , Al Nahdha real estate company L.L.C

COST OF GOODS SOLD is the answer

prateek Sharma
من قبل prateek Sharma

Answer is  C Cost of Good Sold

Cost of Good Sold can be calculated by two method by using Sales and Gp or by using Trading A/c

1st method is COGS = Sales- Gross Profit

and another one is COGS= Opening Stock+Purchase-Closing Stock

 

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