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PPE is part of unventory

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Q: What is the difference between Inventory and PPE?
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What is the difference between Days to sell inventory and Average age of inventory?

There is no different between the two measurement.


Difference between inventory and warehouse?

Inventory include materials, loose tools and finished products of an enterprise. Warehouse is the place for keeping the inventory for future use.


When quick ratio is greater than current ratio?

The main difference between quick and current ratios is the inventory. In cases where inventory value is in -ve (ie, stale goods and disposing them off takes money. hence, the net value of inventory goes -ve), CR < QR [addition of -ve qty] HTH


Difference between real assets and financial assets?

Real assets are physical assets such as plant, machinary, vehicles, stock/ inventory. Financial assets, are cash, bonds, shares etc., etc.


What is the difference between periodic and perpitual inventory system?

Periodic Inventory System Inventory account and cost of goods sold are non-existent until the physical count at the end of the year. Purchases account is used to record purchases. Purchase Return account is used to record Purchases Returns account. Cost of goods sold or cost of sale is computed from the ending inventory figure For goods returned by customers there are no inventory entries. Perpetual Inventory System Account and the balance of costs of goods sold and inventory account exist all the time. No individual purchases account but the purchases are recorded in the Inventory Account. No individual Purchase Returns account but the purchases return are recorded in the Inventory Account. Record cost of goods sold/cost of sale - inventory is reduced when there is a sale. Returns from customers are recorded by reducing the cost of goods sold and adding back into inventory.

Related questions

What is the difference between inventory control and inventory planning?

Their is no Difference


What is difference between fixed asset and inventory?

What is the difference between fixed asset and inventory


What is the difference between stock and inventory?

The difference between stock and inventory is that stock is what you have if you're selling items. Inventory includes what you have as your belongings.


Explain inventory Management policies?

what is definition of inventory? what is the difference between inventory and asset?


What is the difference between accumulated depreciation and an depreciable asset?

Depreciable asset - accumulated depraecation = net of Depreciable asset (PPE) Which is the reported PPE(net)


What is the difference between pricing inventory and valuation inventory?

in fact there is no diff.


What is the difference between Days to sell inventory and Average age of inventory?

There is no different between the two measurement.


What is a difference between periodic inventory and perpetual inventory?

periodic takes place on an irregular schedule where perpetual is a constant state of inventory


What is inventory variance?

An inventory variance report shows the difference between previous recorded inventory quantity and correct inventory quantity which is discovered immediately after a physical count. It also reports on the value difference the quantity variances caused.


What is the difference between inventory and warehouse?

* Inventory: A concept of having something stored. * Warehouse: A building to store goods in.


What is the difference between ending inventory using LIFO and ending inventory using FIFO referred to as?

LIFO Reserve


What is the difference between inventory holding cost vs carrying cost?

Actually there is no difference between Inventory holding cost and carrying cost. Its like, you will be able to hold the inventory only when you carry it. So whether you hold the inventory for one year or carry it for one year both are same