Explain cost of goods sold?
Submitted by: AdministratorThese costs are reported as operating expenses on the income statement because of the matching principle. The revenues from the sale of merchandise must be matched with the cost of the merchandise that is sold.
Submitted by:
Submitted by:
Read Online Account Manager Assistant Job Interview Questions And Answers
Top Account Manager Assistant Questions
| ☺ | What is liability account? |
| ☺ | Define assets? |
| ☺ | Described the several fields of accounting? |
| ☺ | Described deferred revenue? |
| ☺ | Described key account? |
Top Business and Economics Categories
| ☺ | Taxation Interview Questions. |
| ☺ | Economics Interview Questions. |
| ☺ | Accounts Receivable (AR) Interview Questions. |
| ☺ | General Ledger Interview Questions. |
| ☺ | Fixed Assets Interview Questions. |
