Adam Hill

author
Adam Hill started accounting and trading back in 2007. He has achieved quite a lot of success. Now he decided to open his blog. Here he publishes articles on accounting. For any questions of interest, please contact us by e-mail: admin-hill@online-accounting.net
Monthly Personal Interest Expense & Debt Servicing Cost Calculator
How to Calculate Net Pay

How to Calculate Net Pay

Your benefits, like retirement income, compensation, and benefits, are the result of a multitude of factors. Generally, you will receive better benefits and broader coverage under an employer-sponsored benefits plan than under individual plans on the...
How to Calculate Stockholders' Equity for a Balance Sheet?
How to Calculate Ending Inventory Using Absorption Costing
What Are Examples of Cost of Goods Sold

What Are Examples of Cost of Goods Sold

If she uses average cost, her costs are 22 ( (10+10+12+12)/4 x 2). Thus, her profit for accounting and tax purposes may be 20, 18, or 16, depending on her inventory method. Cost of goods sold, often abbreviated COGS, is a managerial calculation that ...