The cost of the goods that a company sold during a period is shown in its financial statements as ________ and the cost of the goods that a company still has on hand at the end of the year is shown in the financial statements as ________.
A) Cost of goods sold inventory
B) Goods on hand inventory expense
C) Inventory cost of goods sold
D) Sales revenue cost of goods sold
Answer: A
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.