How to Account for Cost of Goods Sold: Revision history

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21 March 2023

  • curprev 08:0608:06, 21 March 2023 Lukegao1 talk contribs 1,724 bytes +1,724 创建页面,内容为“Accounting for the cost of goods sold (COGS) is an important aspect of managing the financial performance of a business. The COGS is the direct cost incurred in producing goods or services that have been sold by the business. To account for COGS, you should follow these steps: 1. Identify the Direct Costs: Identify the direct costs associated with producing goods or services. Direct costs include the cost of raw materials, labor costs, and other expenses direc…”