All of the following accounts are included in the calculation of gross profit except:
A)Cost of Goods Sold
B)Sales
C)Sales Discounts
D)Delivery Expense
E)Sales Returns and Allowances

Question

Quizplus · Accepted Answer

The Answer of All of the following accounts are included in the calculation of gross profit except:
A)Cost of Goods Sold
B)Sales
C)Sales Discounts
D)Delivery Expense
E)Sales Returns and Allowances

All of the Following Accounts Are Included in the Calculation