COGS Definition

Bookmark and Share

COGS see COST OF GOODS SOLD

Learn new Accounting Terms

EXPORT BROKER is an entity that brings together foreign buyers with domestic manufacturers for a fee, generally providing little other services. An EMC, who is also a middleman, often provides extensive services to complete the transaction as well.

DIRECT WRITE-OFF METHOD is a method of accounting for bad debts that records the loss from an uncollectible account receivable at the time it is determined to be uncollectible; no attempt is made to estimate uncollectible accounts or bad debt expense.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.