inventory Archives - Economic Grapevine https://economicgrapevine.com/tag/inventory/ The hub of Technology & Finance Sun, 11 Jun 2023 08:06:29 +0000 en-US hourly 1 https://economicgrapevine.com/wp-content/uploads/2020/12/cropped-cropped-Economic-Grapevine-Logo-new.png inventory Archives - Economic Grapevine https://economicgrapevine.com/tag/inventory/ 32 32 Journal Entry to Write Off Damaged Inventory https://economicgrapevine.com/journal-entry-to-write-off-damaged-inventory-a-step-by-step-guide/?utm_source=rss&utm_medium=rss&utm_campaign=journal-entry-to-write-off-damaged-inventory-a-step-by-step-guide Sun, 11 Jun 2023 08:05:21 +0000 https://economicgrapevine.com/?p=5667 In the dynamic world of business, handling inventory is a task that demands meticulous attention. Sometimes, due to various circumstances like natural disasters, mishandling, or obsolescence, inventory can get damaged.…

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]]> Inventory Tests of Controls https://economicgrapevine.com/inventory-tests-of-controls/?utm_source=rss&utm_medium=rss&utm_campaign=inventory-tests-of-controls Wed, 10 Mar 2021 13:59:24 +0000 https://economicgrapevine.com/?p=3148 Inventory is one of the main items of the statement of profit or loss and needs to be recorded accurately. To check whether the internal control system for counting &…

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