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Inventory appears on the balance sheet as a current asset at an amount that often reflects the_of the merchandise on hand

cost or sales value

Accounting
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Question added by Hashim Babiker , finance manager , Aletegahat
Date Posted: 2013/10/05
Upvote (0) Views (8) Followers (1) Answers (3) Report Question
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MOHAMED IRSHAD POOVAN MADATHIL
by MOHAMED IRSHAD POOVAN MADATHIL , Cost Accountant , Wood Group PSN

Cost 

Ravshanbek Abdullaev
by Ravshanbek Abdullaev , Accountant , Fajr Al Mustaqbal General Trading LLC

according to historical cost concept it should reflect the cost of inventory at hand

Shafiulla Mohammad
by Shafiulla Mohammad , Customer Service Adviser , University of Bedfordshire

The total cost of the product.

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