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Inventory is a real asset for business for which company use in earning revenue for business.

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9y ago
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11y ago

Real asset

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Q: Is inventory a real or financial asset?
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Where is inventory is reported in financial statement?

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What part of the elements of financial statements does inventory bleong to?

Inventory is part of Balance sheet as well as income statement. Inventory is shown as an asset in balance sheet and as an expense when used in income statement.


Is ending inventory asset or liability?

asset Inventory is a current asset so when the required inventory is utilized the remaining inventory still remain as asset and not become liability. For example inventory of $100 purchase to use for production which is our current asset. when inventory of $90 utilized the remaining $10 is still our current asset while $90 become expense for production of units.


Where can someone get asset inventory software?

Someone is able to get asset inventory software in several different online and retail locations including the following: BNA Asset Inventory Software, Asset Inventory Plus, and on IM Solutions.


What are the smilarities between real and financial asset?

www.investopedia.com Real assets: Physical or identifiable assets such as gold, land, equipment, patents, etc. They are the opposite of a financial asset. Real assets tend to be most desirable during periods of high inflation. Financial assets: An asset that derives value because of a contractual claim. Stocks, bonds, bank deposits, and the like are all examples of financial assets. Unlike land and property--which are tangible, physical assets--financial assets do not necessarily have physical worth.


What is an it asset management?

An it asset management is the set of business practices that join financial, contractual and inventory functions to support life cycle management and to make decision making.


What is the difference between real asset and financial aseet?

fair and ethics