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Subjects>Law & Government>United States Government

Where does inventory belong in the elements of financial statements?

Updated: 8/20/2023

Rallen24 ∙

Lvl 1

∙ 13y ago

Best Answer

Assets

Wiki User

∙ 13y ago

This answer is:

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Wiki User

∙ 11y ago

expenses

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Q: Where does inventory belong in the elements of financial statements?

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Related questions

What part of the elements of financial statements does paid in capital belong to?

assets

What part of the elements of financial statements does retained earnings belong to?

equity

What part of the elements of financial statements does additional paid-in capital belong to?

equity

What part of the elements of financial statements does loss on sale of equipment belong to?

Loss on sale of equipment is shown in income statement as other loss.

Where does additional paid in capital belong in the elements of financial statements?

Additional paid in capital is also part of paid in capital of business and shown as an addition to already exists paid in capital of business.

Which part of the elements of financial statements does sales belong to?

If I understand your question correctly, sales is revenue, which is part of owner's equity. So you would use that amount in your income statement, and your trial balance (if you use one).

What group does the alkaline earth metals belong to?

The alkaline earth metals belong to group 2A elements. The alkali metals belong to group 1A elements. The halogens belong to group 7A elements. The noble gases belong to group 8A elements.

What elements belong to the p block?

Elements which have their valency electrons in the p sub shell belong to this. Elements of groups 13,14,15,16,17,18 are in p block.

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They belong to different families but HALOGENS family consists of diatomic molecular elements.

What family or group do the representative elements belong?

the representative elements belong to the main group in the periodic table - rosellnica balasoto

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The union of sets X and Y is the set consisting of all elements that belong to X, or belong to Y or to both.The union of sets X and Y is the set consisting of all elements that belong to X, or belong to Y or to both.The union of sets X and Y is the set consisting of all elements that belong to X, or belong to Y or to both.The union of sets X and Y is the set consisting of all elements that belong to X, or belong to Y or to both.

What industry Bloomberg belong to?

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