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Author Question: Which of the following formulas determine cost of goods sold in a merchandising entity? (Read 70 times)

penguins

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on: Mar 6, 2021
Which of the following formulas determine cost of goods sold in a merchandising entity?
◦ Beginning inventory + Purchases + Ending inventory = Cost of goods sold
◦ Beginning inventory + Purchases - Ending inventory = Costs of goods sold
◦ Beginning inventory - Purchases + Ending inventory = Cost of goods sold
◦ Beginning inventory - Ending inventory - Purchases = Cost of goods sold
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by penguins on Mar 6, 2021

nixon_s

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Reply #1 on: Mar 6, 2021
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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penguins

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

Liamb2179

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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