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

Question

Ali Hammad Naeem · Answer

Unsold product is your inventory

Printing and Stationary are NO

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

Divyesh Patel · Answer

<p>False.</p>

Anayatullah Tahir · Answer

False,

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

Muhammad Zubair · Answer

It is false

ANGSHUMAN DAS · Answer

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

Manoharan Vallamunji Kasinathan Vallamunji · Answer

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

Umer Aziz · Answer

<p>Fasle</p>

sajjad sulman · Answer

these are consumeabel inventory

NIZAR PUTTENKUNNU · Answer

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

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

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