Business
Business, 06.05.2020 03:38, brisamauro27

Samantha, an accountant in a footwear-manufacturing business, is busy preparing the business’s income statement for the latest quarter. While checking the business’s transactions over the past three months, she has learned that the business had purchased raw materials worth $40,000 a month back. Under which category of expenses should Samantha place this amount?

A.
administration expenses
B.
selling expenses
C.
cost of goods sold
D.
depreciation

answer
Answers: 2

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Samantha, an accountant in a footwear-manufacturing business, is busy preparing the business’s incom...

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