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Author Question: When is it necessary to calculate the cost of goods sold at the end of the year? (Read 64 times)

justinmsk

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on: Feb 18, 2020
When is it necessary to calculate the cost of goods sold at the end of the year?
◦ When using the periodic inventory system.
◦ It is always necessary.
◦ It is optional whether to calculate cost of goods sold or not.
◦ When using the perpetual inventory system.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by justinmsk on Feb 18, 2020

jsm54321

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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justinmsk

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Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)

alexanderhamilton

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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