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What is recorded in the accounting system

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Question - Discuss how the cost flow method affects what is recorded in the accounting system, how it affects profits and the value of inventory on the balance sheet, and the advantages and disadvantages of both.

Reference no: EM131734345

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What is recorded in the accounting system : Discuss how the cost flow method affects what is recorded in the accounting system, how it affects profits and the value of inventory on the balance sheet
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