No
retail inventory retail inventory retail inventory
conducted inventory, performed inventory, reconciled inventory
Debit inventory spoilageCredit inventory account
Excess inventory is calculated by comparing the current inventory levels to the optimal inventory levels for a given period. First, determine the ideal inventory level based on sales forecasts and demand. Then, subtract the optimal inventory level from the actual inventory on hand. If the result is positive, that amount represents excess inventory.
The system of inventory where updates are made on a periodic basis is a periodic inventory. In this type of inventory, there is no effort made to keep the records of the cost of goods sold or the inventory up-to-date.
will iraqi dinar revalue in 2014
There is no information as of November 16, 2013 as to when the Vietnamese Dong will revalue.
Any revalue of diamond would be based on the market for that particular diamond.
Not yet!
no
In 1995?
It won't.
no
any day now
Before 23 February 2013
Revalue
No. It was back in 1990 or 1991