高階BAFS-FSTM-016
Closing inventory appears in the financial statements as:
A. An expense in full, with nothing left on the statement of financial position
B. A deduction in cost of goods sold and a current asset✓ 答案
C. A non-current liability
D. Drawings
解說
Unsold goods are not a cost of this period’s sales. They reduce cost of goods sold and remain a current asset. They are not a liability and not drawings.