Which of the Following Formulas Represents Cost of Sales for a Retailing

Multiple Choice

Which of the following formulas represents cost of sales for a retailing business?

A) Beginning inventory + purchases and freight in - ending inventory = cost of sales
B) Purchases and freight in - ending inventory = cost of sales
C) Ending inventory + purchases and freight in - beginning inventory = cost of sales
D) Beginning inventory - ending inventory = cost of sales