If your business manufactures products or purchases them for resale, you generally must value inventory at the beginning and end of each tax year to determine your cost of goods sold. Some of your expenses may be included in figuring the cost of goods sold. Cost of goods sold is deducted from your gross receipts […]
Posts Tagged ‘COGS’
COGS or Cost of Goods Sold
Posted by admin on July 15th, 2010
Posted in BN News, business, Paperwork 
Tags: Accounting, COGS, Cost of Goods Sold 
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