While preparing CGS statement, Decrease in Finished Goods inventory will be.
A. Added in Cost of Goods Manufactured
B. Added in Cost of Goods Sold
C. Subtracted from Cost of Goods Sold
D. Subtracted from Cost of Goods Manufactured
Answer:A
While preparing CGS statement, Decrease in Finished Goods inventory will be.
A. Added in Cost of Goods Manufactured B. Added in Cost of Goods Sold C. Subtracted from Cost of Goods Sold D. Subtracted from Cost of Goods Manufactured