Adjusting Journal Entries for Net Realizable Value Financial Accounting

ContentWhat are Revenue Accounts?LIFOProducts3 The Calculation of Cost of Goods SoldHow Does Inventory Affect COGS?What Is Merchandising Inventory?Cost of goods sold on an income statement To find the right COGS figure for each of your products, you’ll need to multiply the number of units sold by the cost of each unit. With just a tiny