InventoryForums › ACCA Forums › ACCA FR Financial Reporting Forums › InventoryThis topic has 1 reply, 2 voices, and was last updated 6 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts August 5, 2018 at 1:49 pm #466283 jaylintanParticipantTopics: 7Replies: 3☆What is the accounting treatment for perishable inventory like fruits and vegetables? August 24, 2018 at 5:49 am #469183 MikeLittleKeymasterTopics: 27Replies: 23200☆☆☆☆☆Lower of cost and net realisable value – hopefully you will never have too much inventory of perishable goodsIf the fruit and vegetables are not yet harvested, IAS 41 guides you with the appropriate accounting treatmentAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In