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Cost of goods sold and cost of sales

This topic has 3 replies, 2 voices, and was last updated 3 years ago by John Moffat.

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November 15, 2021 at 6:13 am #640651
tabasumze
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Are the two terms ‘Cost of goods sold’ and ‘Cost of sales’ the same or is there any particular difference between them?
November 15, 2021 at 8:29 am #640679
John Moffat
Keymaster
- Topics: 57
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They mean exactly the same.
November 15, 2021 at 8:41 am #640680
tabasumze
Participant
- Topics: 40
- Replies: 48
Ok, thank you
November 15, 2021 at 3:08 pm #640699
John Moffat
Keymaster
- Topics: 57
- Replies: 54655
You are welcome.
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