Cost of Goods Sold is considered what type of account?

a. Equity - expense account
b. Equity - revenue account
c. Liability account
d. Asset account

a. Equity-Expense Account

Explanation:

Cost of Goods sold is Expense account and reported in income statement. The cost of goods sold is total of all expenses incurred to produce goods or services. It includes labor, material and overheads.

The Cost of Goods Sold is arrived at as follows,

Cost of Goods Sold=Opening Inventory+ Purchases-Closing Inventory

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

c

explanation:

well obviously you must be dumb if you dont noe dat