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Inventory is reported as a _ asset. Scramble word : NTRUCER?

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Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/08/01
Gayasuddin Mohammed
by Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

Inventory is a current asset

Shazia Anees
by Shazia Anees , Assistant Manager Finance , Arham Trading Company

Cuuuuuuuuuuuuuuuuuuuurrrrrrrrrrrrrent

Deleted user
by Deleted user

CURRENT asset ...........................................

Rizwan Khalid
by Rizwan Khalid , Chief Accountant , Promedic Saudi Arabia

Inventory is reported as a Current Asset following Accounts Receivables.

Ajay Kumar Thallapalem
by Ajay Kumar Thallapalem , Assistant Manager-SCM , The Waterbase Ltd
Alex Taylor
by Alex Taylor , Procurement Officer , American international university Kuwai

Inventory  is recorded on Financial Books as CURRENT Asset

Jersh On Repolidon
by Jersh On Repolidon , Spare Parts Control , Al Masaood Automoiles

The answer is Current asset

هيثم ناجى
by هيثم ناجى , محاسب اول , الفيوم لصناعة السكر

inventory reported as current assets 

Sadiq ul Islam
by Sadiq ul Islam , Financial Controller , BinDawood Holding Company (BDH)

Current Asset is the right answer....................

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