Question:Which of the following is the correct equation for determining the cost of goods sold? 

A Beginning Inventory - Purchases + Ending Inventory = Cost of Goods Sold 
B Beginning Inventory + Purchases - Ending Inventory = Cost of Goods Sold 
C Beginning Inventory + Purchases + Ending Inventory = Cost of Goods Sold 
D None of these 

+ Answer
B 

+ Explanation
Answer not sure

+ Report

Md. Habib Ullah

Editor, VCampus

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