No, only permanent accounts accounts are on a balance sheet. Revenue is a temporary account and gets closed out.

How would I get the answer If

Product Quantity Cost Market Per Unit

Mountain bikes 20 $ 650 $ 500

Skateboards 22 400 450

Gliders 40 850 790

what would the answer be:LCM for inventory as a whole?

What would the answer be: The LCM applied to each product?

Could I get example on how to arrived at the answer

Product Quantity Cost Market Per Unit

Mountain bikes 20 $ 650 $ 500

Skateboards 22 400 450

Gliders 40 850 790

what would the answer be:LCM for inventory as a whole?

What would the answer be: The LCM applied to each product?

Could I get example on how to arrived at the answer