which-algebraic-rearrangement-correctly-solves-for-cost-of-goods-sold

Question

Which algebraic rearrangement correctly solves for cost of goods sold?

Accepted Answer

Cost of Goods Sold = Beginning Inventory + Purchases - Ending Inventory

Answer

Cost of Goods Sold = Beginning Inventory - Purchases + Ending Inventory

Answer

Cost of Goods Sold = Ending Inventory + Purchases - Beginning Inventory

Answer

Cost of Goods Sold = Purchases - Beginning Inventory + Ending Inventory