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  • Featured Snippet From The Web: Finished Goods in Balance Sheet

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    jason derulo
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    Finished goods are considered a short-term current asset on a company's balance sheet because they are inventory items that are complete and available for sale. As a current asset, finished goods are expected to be sold and turned into cash within one year. Their value on the balance sheet represents the cost of manufacturing the goods ready for sale.

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    Finished goods are considered a short-term current asset on a company's balance sheet because they are inventory items that are complete and available for sale. As a current asset, finished goods are expected to be sold and turned into cash within one year. Their value on the balance sheet represents the cost of manufacturing the goods ready for sale.

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    © All Rights Reserved
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    4 views1 page

    Featured Snippet From The Web: Finished Goods in Balance Sheet

    Uploaded by

    jason derulo
    Finished goods are considered a short-term current asset on a company's balance sheet because they are inventory items that are complete and available for sale. As a current asset, finished goods are expected to be sold and turned into cash within one year. Their value on the balance sheet represents the cost of manufacturing the goods ready for sale.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Finished goods in balance sheet

    Featured snippet from the web


    Finished goods are considered a short-term asset because they are expected to sell
    within 12 months; finished goods therefore appears as a current asset on a company's
    balance sheet.Jun 8, 2022

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