Question: How do I properly debit and credit accounts when logging cogm (cost of goods manufactured). I'm would like clarification on what gets debited and credited
How do I properly debit and credit accounts when logging cogm (cost of goods manufactured). I'm would like clarification on what gets debited and credited through the process. I also understand that the manufacturing overhead (moh) is a clearing account. Can you help show the debits and credits through all the steps?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
