Cost of Goods Sold is:
A) An asset account.
B) A revenue account.
C) An expense account.
D) A permanent equity account.
Answer: An expense account.
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A) An asset account.
B) A revenue account.
C) An expense account.
D) A permanent equity account.
Answer: An expense account.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.