Accountıng I Deneme Sınavı Sorusu #1181653
Which of the following shows the expense of inventories that sold to the costumers?
|
Ending inventory |
|
Begining inventory |
|
Cost of goods sold |
|
Service cost |
|
Sales revenue |
Yanıt Açıklaması:
If the merchandise inventory is sold, its cost is taken from inventory account in balance sheet and recognized as an expense (cost of goods sold) in the income statement.
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