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    sheetal.next's Avatar
    sheetal.next Posts: 3, Reputation: 1
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    #1

    Jun 15, 2010, 11:12 PM
    Interest received is income or exp or asset or liabilites
    What is inventory?

    Inventory is asset liabilities and income, expenses
    sheetal.next's Avatar
    sheetal.next Posts: 3, Reputation: 1
    New Member
    		  
    #2

    Jun 15, 2010, 11:13 PM

    What is inventory?

    Can you say inventory is incom, exp, assets, liabilities?
    sheetal.next's Avatar
    sheetal.next Posts: 3, Reputation: 1
    New Member
    		  
    #3

    Jun 15, 2010, 11:13 PM

    What is inventory?

    Can you say inventory is incom, exp, assets, liabilities?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #4

    Jun 16, 2010, 02:58 PM

    Inventory is something you own, and it is a Current Asset.
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