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By Andriy Blokhin Updated July 19, 2023 Reviewed By Thomas Brock In Accounting, Inventory Represents A Company's Raw Materials,.
Instead, it will only state how much inventory value a business has. Web whenever we have an understated inventory appearing on the asset side of the balance sheet, the cost of goods sold overstates naturally. Furthermore, the lower volume of inventory in accounting records will. If you were to take a clipboard and record everything you found in a.
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