On the income statement, the cost of goods sold represents the total cost, excluding shipping, of the merchandise sold during the year.

Name: On the income statement, the cost of goods sold represents the total cost, excluding shipping, of the merchandise sold during the year.
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The Answer of On the income statement, the cost of goods sold represents the total cost, excluding shipping, of the merchandise sold during the year.

On the Income Statement, the Cost of Goods Sold Represents