(COMPANY NAME)

COST OF GOODS SOLD

For the Month Ended (Month date, year)
(in Philippine Peso)

Merchandise Inventory, beginning 0.00

Purchases xxx
Less: Purchase Returns & Allowances -xx
Purchase Discounts -xx
Freight In xxx
Less: Merchandise Inventory, Ending, June 30,2019 -xxx
Cost of Goods Sold 0.00

NOTE: This report is only applicable for PERIODIC inventory procedure.