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Author: kokkoon

A Complete Guide to Understanding Cost of Sales

A Complete Guide to Understanding Cost of Sales

Bykokkoon May 9, 2021November 2, 2021

This article uses the periodic inventory system to account for cost of sales Photo by Adam Kring / Unsplash If you wonder what makes sales different from the cost of sales or COS, then you are on the right page!  In finance and accounting, sales are revenues produced by a business from rendering services or…

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        • LCCI Bookkeeping Level 1
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