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Other Fields Homework Help Accounting Topic started by: bernie2981 on Nov 14, 2015



Title: The format of the "cost of goods sold, inventory, and purchases" budget is as follows:
Post by: bernie2981 on Nov 14, 2015
The format of the "cost of goods sold, inventory, and purchases" budget is as follows:
A) cost of goods sold - desired ending inventory + beginning inventory.
B) desired ending inventory - beginning inventory - cost of goods sold.
C) desired ending inventory + beginning inventory - cost of goods sold.
D) cost of goods sold + desired ending inventory - beginning inventory.


Title: Re: The format of the "cost of goods sold, inventory, and purchases" budget is as follows:
Post by: nuclei on Nov 15, 2015
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Title: Re: The format of the "cost of goods sold, inventory, and purchases" budget is as follows:
Post by: bernie2981 on Dec 1, 2015
Answers my question perfectly.