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inventory

This topic has 2 replies, 2 voices, and was last updated 1 month ago by xyzc.

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January 16, 2023 at 7:29 am #676391
xyzc
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If there is a sale of inventory by the associate and the goods are still in inventory then there will be a credit to group inventory. Is it correct
January 18, 2023 at 9:12 pm #676948
P2-D2
Keymaster
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The inventory is held by the group and so the adjustment is to the group inventory.
January 28, 2023 at 9:31 am #677512
xyzc
Participant
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But in the bpp kit it says that there will be no effect on group inventory and the transaction will be posted as debit share of profit of associate and credit investment in associate. Is it incorrect
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