Share
For the sake of quality, our forum is currently "Restricted" to invitation-only. In case if you wish to join our forum, please send an email seeking an invitation to "[email protected]".
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Sure, NK Designer, I would like to share the important key differences between Assets and Inventory. I hope this will help you in understanding and analyzing the concept better.
Difference between Assets and Inventory-
ii) Generates revenue for a longer period.
iii) Maintenance cost.
iv) Highly Durable.
v) Subject to Depreciation.
ii) Readily accessible to end-users.
iii) Contributes to working capital management.
iv) Creates seasonal demand.
v) Economies of scale.
ii) Base Stock Method.
iii) Fair value Method.
iv) Standard Cost Method.
ii) LIFO Method.
iii) Simple Average Method.
iv) Weighted Average Method.
ii) Furniture.
iii) Bills Receivables.
iv) Sundry Debtors.
v) Patents and Trademarks.
ii) Flour for bakery production.
iii) Crude oil for refineries.
iv) Cotton for cloth production