Accounting for IGCSE & O level - Final Statements (Section 6 - No. 40)

What will be included in the total expenses for a period?

Cost of Goods Sold

Carriage outwards

Opening Inventory

Purchases

Explanation

Cost of goods sold and carriage outwards are expenses that would be included in total expenses. Purchases and opening inventory are used to determine COGS.

Accounting for IGCSE & O level - Final Statements (Section 6 - No. 40)

Explanation

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