I am a bit confused about a couple of things, if I could get some feedback asap it would be greatly appreciated!
What are Operating revenues? are they the same thing as sales revenues from the statement of financial performance OR are they the receipts in operating actities from the statement of cashflows?
What does COGS consist of exactly, I know that freight & the cost of the goods that have been sold but could this be clarified?
What are classified as academic references in Accounting?
What are Operating revenues? are they the same thing as sales revenues from the statement of financial performance OR are they the receipts in operating actities from the statement of cashflows?
What does COGS consist of exactly, I know that freight & the cost of the goods that have been sold but could this be clarified?
What are classified as academic references in Accounting?