Assertion: inventory's cost | /r/HasProperty | prior year's ending inventory
Facets:
Source sentences:
text: For non-manufacturing companies using the periodic inventory system in its general ledger, the cost of goods available (COGA, or cost of goods available for sale) for a year is the sum of the following: the costs in the beginning inventory (the prior year's ending inventory) + the cost of the current year's net purchases.