Cost of goods sold and Short dates: Difference between pages

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imported>Doug Williamson
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(COGS).
A dealing term meaning periods up to one week, but sometimes used to refer to periods up to a month.


''Accounting''.


The charge in an income statement relating to raw materials and goods purchased for resale.
== See also ==
* [[Short ]]
* [[Short term]]


 
[[Category:Planning_and_projects]]
It is calculated as:
[[Category:The_business_context]]
 
Purchases
 
+ Opening stock
 
Less: Closing stock
 
= Cost of goods sold
 
 
==See also==
*[[DIO]]
*[[DPO]]
*[[Income statement]]
* [[Stock]]
*[[Turnover]]

Latest revision as of 09:34, 7 July 2022

A dealing term meaning periods up to one week, but sometimes used to refer to periods up to a month.


See also