If we find damaged or obsolete inventory in a warehouse, should we include this in our accounting

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If we find damaged or obsolete inventory in a warehouse, should we include this in our accounting for production spoilage?

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Financial Accounting

ISBN: 978-0133052152

2nd edition

Authors: Robert Kemp, Jeffrey Waybright

Question Posted: Dec 29, 2017 07:35 AM

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If we find damaged or obsolete inventory in a warehouse, should we include this in our accounting

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No it is not the right treatment of damaged inventory in warehouse For planning a...View the full answer

Financial Accounting

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