Let's discuss the Statement of Cost of Goods Manufactured (COGM) in relation to COGS and...
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Accounting
Let's discuss the Statement of Cost of Goods Manufactured (COGM) in relation to COGS and the Income Statement.
What specifically does the Statement of COGM reflect? Which accounts, and what type of accounts are they (assets, expenses, liabilities, etc)? What goes into each account? Provide an example.
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