Trading account records value of nbsp- - nbsp- and cost of goods sold- nbsp-Gross Sales nbsp-Net Sales nbsp-Indirect Income nbsp-None of these nbsp-

The correct option is B Net Sales nbsp;Trading account records value of net sales and cost of goods sold. nbsp; ...

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Trading & Profit or Loss Account

Trading accou...

Question

Trading account records value of _____ and cost of goods sold.

Gross Sales

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Net Sales

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Indirect Income

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None of these

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The ratio of cost of goods sold to accounts payable is called _______________.

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