Unsold product, Printing & Stationery, Tools, office equipment and others item are stored in a warehouse. So all are Inventory item. Is it True?

Unsold product is your inventory

Printing and Stationary are NO

tools and office equipment (May be) if you recorded them in Assets

False.

False,

Except products, other things must be considered as assets. But products are considered as inventory.

It is false

Unsold product - is an Inventory item Printing & Stationery - not an inventory item since this is an Opex item Tools& Office equipment  are not  Inventory items since tools are either treated as opex based on value and Office Euipment is Capex so not an Inventory item

False..only products and tools will come under inventory..

Fasle

these are consumeabel inventory

 

Except the products which are not used for selling.  The products which are used for office and assets are to be treated separately.