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January 17, 2020 at 7:50 am
Thank you very much professor for so clear and ablolutly understandbly leckchures
John Moffat says
January 17, 2020 at 4:21 pm
Thank you for your comment 🙂
August 21, 2019 at 10:03 pm
can you please explain why you dont even use cost of sale ledger account? thanks
April 11, 2019 at 10:06 pm
You have a gift for simplifying things. Good lecture. Well done.
April 12, 2019 at 7:45 am
March 18, 2019 at 10:10 am
For example 3, how come we don’t use a separate cost of sales account and only use the Statement of Profit and Loss (SOPL) account?
the balance carried forward from a cost of sales account should equal open inv + purchases – closing inv right?
March 18, 2019 at 10:15 am
Also, since we are assuming that opening inventory is all sold in the current period, does it mean that the opening inventory becomes part of the cost of sales?
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