Cost of goods sold and DF: Difference between pages

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imported>Doug Williamson
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''Accounting''.  
Discount Factor.


The charge in an income statement relating to raw materials and goods purchased for resale.
== See also ==
 
* [[Discount factor]]
 
* [[AF]]
It is calculated as:
* [[CumDF]]
 
Purchases
 
+ Opening stock
 
Less: Closing stock
 
= Cost of goods sold
 
 
==See also==
*[[Income statement]]
*[[Turnover]]

Revision as of 16:20, 28 March 2016

Discount Factor.

See also