Poll

Do you think revenues at your firm or your company will increase or decrease this year?:

States

Articles : 55
Submited Firms : 8
Glossary Words : 3199
Jobs Request : 2
Group Members : 659
Excel Files : 113
PPT Files : 514
PDF Files : 23

Google Ads

Who's online

There are currently 0 users and 1 guest online.
Home » Glossary » RAWMATERIALS INVENTORY

RAWMATERIALS INVENTORY

beginning or ending balance of raw materials on hand for an accounting period. It represents items that will be a component of a produced good. The beginning and ending balances of raw materials inventory are shown in the income statement when cost of goods sold is presented. The ending balance is reported in the balance sheet.

Create your free account

- Create private page
- Access all files & articles
- Create My Article
- Access Professional glossary
- Free register jobs request
- Access to post in the Forums
- Unlimited communication with members


REGISTER NOW

Newsletter