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Is Inventory a Current Asset? – Full Explanation with Examples

In financial accounting, inventory is categorised as a current asset and operating asset as every business expects to encash it within its fiscal year. Inventories are liquid assets and goods of value that a company keeps and plans to sell for a profit. It helps to fund current needs. Correctly classifying asset classes is critical…

The post Is Inventory a Current Asset? – Full Explanation with Examples appeared first on ZapERP Inventory Blog.

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