Sales –Gross Profit = ________ a) Cost of goods sold b) Net sales c) Gross Sales d) Liabilities

Sales –Gross Profit = ________
a) Cost of goods sold b) Net sales c) Gross Sales d) Liabilities
by

1 Answer

Answer :

a) Cost of goods sold
by

Related questions

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Last Answer : c. cost of goods sold, net sales revenue

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Last Answer : c. $37,200 and $22,320.

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A trader purchases goods for Rs. 2500000, of these 70% of goods were sold during the year. At the end of 31st December 2009, the market value of such goods were Rs. 500000. But the trader recorded in his books for Rs. 750000. Which of the following concept is violated. (a) Money measurement (b) Conservatism (c) Consistency (d) None of these

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