标题: inventory write down [打印本页] 作者: kasinkei 时间: 2011-7-13 13:42
hw0799 Wrote:
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> how does inentory write down work? How it increase
> COGS and reduce the carrying value of inventory?
> Thanks.
You could DR COGS if the loss is relatively small. if it is a large writedown have a separate expense account such as "Inventory Writedowns". for transparency I would use the seperate account. Whether you use COGS or a separate account the result is the same.作者: simeezee 时间: 2011-7-13 13:42 标题: inventory write down
how does inentory write down work? How it increase COGS and reduce the carrying value of inventory? Thanks.
