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Is Cost of goods sold a current asset 2024?
Questioner：Harper Wright 2023-05-07 10:01:18
The most authoritative answer in 2024
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Olivia Walker——Studied at University of Cambridge, Lives in Cambridge, UK
The cost of the merchandise purchased but not yet sold is reported in the account Inventory or Merchandise Inventory. Inventory is reported as a current asset on the company's balance sheet. Inventory is a significant asset that needs to be monitored closely.read more >>+119962023-05-12 10:01:18
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