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@kahawatungu 2 hours ago

How to Calculate Ending Inventory

Ending inventory, also known as closing inventory, is the value of the goods a business has remaining at the end of an accounting period. It is an important figure because it helps determine the Cost of Goods Sold (COGS), gross profit, and the value of inventory reported in the financial statements. Accurate ending inventory calculations [...] The post How to Calculate Ending Inventory appeared first on Kahawatungu.

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