Ending inventory is the amount of inventory a company has in stock at the end of its fiscal year. It is closely related with ending inventory cost, which is the amount of money spent to get these goods in stock. It should be calculated at the lower of cost or market.
Referencesedit
1. Intermediate Accounting 8th Canadian Edition, page 433, Kieso, Weygandt, Warfield, Young, Wiecek, John Wiley & Sons Canada, Ltd, 2007, ISBN978-0-470-83979-9
This business term article is a stub. You can help Wikipedia by expanding it.
ending, inventory, amount, inventory, company, stock, fiscal, year, closely, related, with, ending, inventory, cost, which, amount, money, spent, these, goods, stock, should, calculated, lower, cost, market, references, edit1, intermediate, accounting, canadia. Ending inventory is the amount of inventory a company has in stock at the end of its fiscal year It is closely related with ending inventory cost which is the amount of money spent to get these goods in stock It should be calculated at the lower of cost or market References edit1 Intermediate Accounting 8th Canadian Edition page 433 Kieso Weygandt Warfield Young Wiecek John Wiley amp Sons Canada Ltd 2007 ISBN 978 0 470 83979 9 nbsp This business term article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Ending inventory amp oldid 1168449046, wikipedia, wiki, book, books, library,
