Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 49 - No. 3)
What is 'COGS'?
Cost of Goods Sold
Cash on Goods Sold
Cash of Gross Sales
Cost on Goods Sold
Explanation
COGS stands for Cost of Goods Sold. It represents the direct costs associated with producing the goods sold by a company.
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