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Inventory on a classified balance sheet?
Inventory is par to current asset at asset side in classified balance sheet as inventory is used within one fiscal year.
Where can one find Asset Inventory Tracking software?
Asset Inventory Tracking software is necessary to help businesses stay on top of their inventory. There is a variety of software available to track inventory including one offered for free from SpiceWorks.
What is a good example for an asset inventory software?
There are quite a number of various examples of asset inventory software on the market. A good example of one would be RedBeam Fixed Asset Tracking Software.
Where is inventory on a balance sheet?
Inventory is normally used within one fiscal year that is why it is current asset of business and shown in asset side of balance sheet.
Is inventory an example of a long term asset?
Inventory is usually stocked for short term time period for one to three months so it is a current asset and never be considered as long term asset.
An item maybe termed inventory in one enterprise The same item may be termed fixed asset or expense in another enterpriseExplain and give at least 2 examples?
The purchase of a car in one business could be inventory for one business and a fixed asset to another business or expense.
What if a company cannot convert inventory into cash within one year - is it still a current asset?
yes.
Is it truth Merchandise inventory is classified as a current asset in a classified balance sheet?
Yes merchandise inventor is usable within one fiscal year that's why it is current asset and shown as a current asset in balance sheet.
Difference between inventory and fixed assets?
fixed assets are long term assets which used by business for revenue generation while inventory is current asset used for one fiscal year.
What is meant by e-asset management?
According to SysAid (an asset management software), it means tracking your inventory, staying updated at all times about your hardware and software assets and "remotely" accessing all of your network elements.The use of software emits human errors, which allows an accurate asset inventory. One can also access and be updates with asset changes anytime, anywhere, leaving him more time and money to spend to things that matters most.
Is inventory considered a quick asset?
No. Quick assets must be one step or less to convert to cash. Quick assets are cash (doesn't need to be converted), A/R and temporary investments (cash just needs to be collected). Inventory is considered a current asset, but not a quick asset, because it requires two steps to convert to cash. It must be sold, and then the cash must be collected.
Where can one find advice about working with Java sorting arrays?
There are many places where one could find advice about working with Java sorting arrays. The best place to learn more about working with Java would be to contact Oracle.
