- UID
- 217609
- 帖子
- 193
- 主题
- 150
- 注册时间
- 2011-5-23
- 最后登录
- 2012-9-12
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for inventory on B/S, LIFO reflect more historical price, FIFO more current price.
for COGS on I/S, LIFO reflect more current price, FIFO more historical price.
why when convert COGS(LIFO) to COGS(FIFO), it is COGS(LIFO)-change of LIFO reserve? I thought it sould add it on. Don't understand. |
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