Generated on 2014/06/19 at 04:57:48 AM


Type List | Item List

Asset Item: Inventory



Acronym or Abbreviation
Alias or Synonym
Key Words
Description (HTML) Trading these assets is a normal business of a company. The inventory value reported on the balance sheet is usually the historical cost or fair market value, whichever is lower. This is known as the "lower of cost or market" rule.
Source Description
Source URL http://en.wikipedia.org/wiki/Asset
Document No document attached...
Lifecycle - Exist Start Date UNKNOWN
Lifecycle - Exist End Date UNKNOWN
Item Quality Status (Item Quality Status) Acceptable
Updated by webea.09
Updated on 2014-04-07 16:49:59
categorised by categorised by
Liquid AssetCategory Liquid Asset
included in included in
Current AssetAsset Current Asset
Fixed Asset