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What is the difference between purchase cost and cost of goods sold OA Purchase cost is the inventory cost, which also represents the sales
What is the difference between "purchase cost" and "cost of goods sold OA Purchase cost is the inventory cost, which also represents the sales cost finally OB. Cost of goods sold is the sales cost which also represents the total purchase cost OC Purchase cost is the cost of goods sold, it is just different name OD Cost of goods sold is converted by purchase cost when the inventory unit is being sold
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