@DS127 

"I made the adjusting entry to get the COGS correct for 2024 (other years don't matter; the tax returns are done) to OB Equity.  I just looked at OBE and good grief, adding what ended up to be an $8 mill adjustment increased the OBE which was already at $8 Mill so now we have $16 mill."

Something still doesn't sound right.  You didn't mention if COGS was overstated or understated.  If COGS was overstated, the JE should have been a debit to OBE and a credit to COGS, thereby reducing both OBE and COGS.  Why did OBE increase with the journal entry (JE)?  What account was debited on the JE?