jefersonzoruajas
02.01.2020 •
Business
Timothy has been hired by the estate of tyler wilbanks, who is recently deceased. timothy has power of attorney and will be handling all the real estate affairs of the deceased estate. which type of agent is timothy?
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Ответ:
True
Explanation:
The correct answer is - True
Reason -
Cost of goods sold is the inventory cost to the seller of the goods sold to customers. It Expense item with a normal debit balance.
The word expense is not written there but it is an expense item on the income statement as a reduction to Revenue.