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Gold cost of sales


shakeel (GFM)     12 January 2021

shakeel
GFM 
 31 points

| My Other Post

How cost of sales is calculated in gold jewellery business?

Sales            570,873
COGS:    
Opening          289,800  
Purchases          446,832  
closing          788,500  
             (51,869)
     
GP            622,741

????

Sourav

Sourav (Student)     12 January 2021

Sourav
Student 
 98 likes  1522 points

View Profile | My Other Post

Opening stock+Purchase-Closing stock = Cost of sales


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