What is the difference between Net Sales and Cost of Sales?

What is the difference between cost of sales and expenses?

• Answer:

  In accounting, cost of sales is what you payed for the goods you sold during that fiscal period. Expenses are any costs that were incurred from the business performing it's purpose. Like rent, utilities, upkeep, salaries, etc. would all be expenses where the cost of goods sold you would get from subtracting the goods you sold from your stock at the beginning of the fiscal period.