There are two logical factors on which this distribution may be made, total sales and cost of goods sold.
The classes into which a list of customers and prospects should be divided depends on the nature of the business and the class of goods sold.
While, as a rule, general sales expense should be charged against the cost of all goods sold, there are certain exceptions when a part of this expense should be charged against specific sales.
When the total sales expense and total cost of goods sold is ascertained, the former is divided by the latter amount to obtain the correct percentage.
A safe rule to follow is to debit trading account with the cost of goods sold, including cost of preparing them for sale.
An Invoice or Bill is an itemized statement or record of goods soldby one person to another.
Sidenote: Goods sold by and to Enemy Subjects during War.
Goods sold by and to Enemy Subjects during War 249 IV.
The subject of goods sold in transitu must--in the same way as the question of transfer of enemy vessels--be considered as forming part of the larger question of enemy character.
The above list will hopefully provide you with a few useful examples demonstrating the appropriate usage of "goods sold" in a variety of sentences. We hope that you will now be able to make sentences using this group of words.
