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Computation Cost of Sale

The document provides information about calculating cost of goods sold, including starting inventory, purchases, freight costs, purchase returns and allowances, purchase discounts, total goods available, and ending inventory to determine the final cost of goods sold.

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Ezekiel Lapitan
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31 views1 page

Computation Cost of Sale

The document provides information about calculating cost of goods sold, including starting inventory, purchases, freight costs, purchase returns and allowances, purchase discounts, total goods available, and ending inventory to determine the final cost of goods sold.

Uploaded by

Ezekiel Lapitan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Cost of goods Sold

Merchandise inventory, Jan 1 2000 XXX


Add: Net purchase :
Purchases XXX
Freigt in xxx
P/R/A (xxx)
Purchase Disc. (xx) XXX
Total Goods available for sale XXXXXX
Less: Merchandise inventory Dec.31 xxx
Cost of Sale PXXXX

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