Perpetual Inventory Write-offs

by AJITPAL SINGH
(SURAT)

Q: Is perpetual inventory write-offs done on quarterly basis a healthy practice or not?


A: Depends on what the inventory is. If it is a product that goes bad within 3 months, like a food product, then that could be a good time period to write it off. However, if the product is still in good shape after 3 months, it would be a bad policy...

Click here to post comments

Return to Ask a Question About This Lesson!.






Enjoying this Website?
Help Support it with a Donation

OR...





Advertise on Accounting-Basics-for-Students.com

Share
Additional Info



All the lessons on this site and much, much more...

Accounting Basics: Complete Guide

Available Now On


Get Your Degree!

Find schools and get information on the program that’s right for you.

Powered by


Subscribe to
The Student Accountant newsletter

Enter Your E-mail Address
Enter Your First Name (optional)
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you The Student Accountant.