I would like to summarize what I've learnedhere.Since I'm new to accounting.Please forgive me if I did something wrong.From my original question "How FIFO work ...
@Malcolm Zimanwrote:@kim-zwrote:But as I go back to Bill #1 and change the Qty from 10 to 20.I ran the "Inventory Valuation Detail" report again and it look som...
Hi Catherine,Thank you for clarification. I test it myself and the result is as you said.Anyway, I've further question below.With the FIFO, It seem like COGS ca...