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• 08:06, 21 March 2023 Lukegao1 talk contribs created page How to Account for Cost of Goods Sold (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…”)