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Why goods sold in permanent shops costly than those sold in weekly markets or by roadside hawker?
Permanent shops sell goods at a higher price than that of a hawker because they have to pay electricity bills, shop's rent, employer's salary, etc.
What is the difference between cost of good sold and cost of good sold statement?
Cost of goods sold is the total cost incurred for goods manufacturing while cost of goods sold statement is the document which shows the calculation of cost of goods sold.
How do you calculate average daily cost of goods sold?
Annual cost of goods sold / 365
When is CGS recorded at credit side?
when the goods are sold , then the cost of goods sold is recorded at the credit side of the purchase ledger
How do you calculate the gross income and cost of goods sold?
Cost of Goods Sold = Opening Stock + Purchasing - Ending Stock
What are the goods sold in shop houses in Chinatown?
There are various goods sold in shop houses in Chinatown. There are charm bracelets, necklaces, and rings. There are also good luck key chains, silk clothes, herbal medicines, and Chinese food.
What is backstock?
Backstock is goods remaining in a shop which is yet to be sold.
What is meant by local shop?
A nearby building in which goods are sold.
What is a bakeshop?
A bakeshop is a shop in which baked goods such as bread are made and sold.
What is the difference between stall and shop?
A shop is a a large building where goods are sold both in small and quantity. A stall is a small building where goods are only sold in lesser quantity only.An empty building can be used for this.
A place where weapons or ammunitions are sold?
gun shop, sporting goods store
What did the Sumerian shopkeepers do?
They sold food and general goods
What goods were sold in Tenochtitlan?
food, clothes, furniture.. etc.
Why are you interested in a career in this shop?
You should have a firm grasp of the type of services and/or goods and merchandise sold at the shop. Employers want to know what it is about their shop that interests you.
Where can one purchase an electric bed warmer?
Electric bed warmers are common household items that can be found at any retail store or outlet as well as some department stores where household goods are sold.
Is cost of goods sold a purchase?
Shop supplies, being goods purchased for resale, are recorded as Purchases under the periodic system, and Inventory, under the pepetual system. The price of those goods actually sold are both transferred to the cost of goods sold account, - at every sale in the perpetual systme, and once a year under the periodic system.
Was prince hall in poverty?
No, Prince Hall was moderately well-off. He owned his own shop where he sold leather goods.
