Refer to Nokias income statement in Appendix A. What title does it use for cost of goods

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Refer to Nokia’s income statement in Appendix A. What title does it use for cost of goods sold?

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Feb 04, 2014 09:07 AM

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Refer to Nokias income statement in Appendix A. What title does it use for cost of goods

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Nokia titles its cost of goods sold account Cost of sales Financial Year Ended December 31 Net sales ...View the full answer

Fundamental Accounting Principles

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