Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

In a Perishable goods Manufacturing Accounting Environment How U will treat (work in process ) and (Finished Inventory)?

user-image
Question added by Mohammad Abu Al Kashem Mohammad , Junior Officer , Eastern Banking Corporation
Date Posted: 2015/03/26
Parveez chapparband
by Parveez chapparband , tritorry sales manager , Vivo Mobiles India

i ll try to claer all preishable goods as soon as possible. to clear invontory 

IMRAN ALI MOHAMMED
by IMRAN ALI MOHAMMED , Accounts Officer , M/s. Euro Glazing Ltd

In Perishable goods manufacturing companies there is no Work in Progress (WIP) and Finished Inventory. They are treated as Cost of Goods sold.

More Questions Like This