On the worksheet, Cost of Goods Sold appear in the balance sheet columns.

Name: On the worksheet, Cost of Goods Sold appear in the balance sheet columns.
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Cost of Goods Sold is typically an expense account that appears on the income statement, not the balance sheet. It represents the cost of producing the goods sold during a particular period. It is used in calculating the gross profit and is deducted from revenue to arrive at the gross profit.

On the Worksheet, Cost of Goods Sold Appear in the Balance