Цій статті більше 3-х років. Українське законодавство складне і мінливе, тож на даний момент редакція не гарантує її 100% актуальність. У разі сумнівів скористайтесь пошуком, щоб читати свіжіші статті і консультації, або зверніться за допомогою до нашого ШІ-консультанта.
1. TASK: Insert the appropriate word in the text below:
account – current asset – customers – merchandise – obsolete
оbtain – selling price – significant – storage – wholesalers
Inventory is ___________ purchased by merchandisers (retailers, ___________, distributors) for the purpose of being sold to customers. The cost of the merchandise purchased but not yet sold is reported in the ___________ Inventory or Merchandise Inventory.
Inventory is reported as a ___________on the company's balance sheet. Inventory is a ___________ asset that needs to be monitored closely. Too much inventory can result in cash flow problems, additional expenses (e.g., ___________, insurance), and losses if the items become ___________. Too little inventory can result in lost sales and lost ___________.
Because of the cost principle, inventory is reported on the balance sheet at the amount paid to ___________ (purchase) the merchandise, not at its ___________.
2. CHECK YOUR SPEAKING
|
account |
[ əˈkaʊnt ] |
рахунок |
|
current asset |
[ ˈkʌrənt ] [ ˈæs.et ] |
оборотний актив |
|
customers |
[ ˈkʌs.tə.mər ] |
клієнти |
|
merchandise |
[ ˈmɜː.tʃən.daɪs ] |
товари для продажу |
|
obsolete |
[ ˌɒb.səlˈiːt ] |
морально застарілий |
|
obtain |
[ əbˈteɪn ] |
отримувати; здобувати |
|
selling price |
[ sel ] [ praɪs ] |
вартість продажу |
|
significant |
[ sɪɡˈnɪfɪkənt ] |
значний |
|
storage |
[ ˈstɔː.rɪdʒ ] |
сховище |
|
wholesalers |
[ ˈhəʊlˌseɪ.lər ] |
оптовики |
3. SEE CORRECT ANSWER
Inventory is merchandise purchased by merchandisers (retailers, wholesalers, distributors) for the purpose of being sold to customers. The cost of the merchandise purchased but not yet sold is reported in the account Inventory or Merchandise Inventory.
Inventory is reported as a current asset on the company's balance sheet. Inventory is a significant asset that needs to be monitored closely. Too much inventory can result in cash flow problems, additional expenses (e.g., storage, insurance), and losses if the items become obsolete. Too little inventory can result in lost sales and lost customers.
Because of the cost principle, inventory is reported on the balance sheet at the amount paid to obtain (purchase) the merchandise, not at its selling price.
Цей та багато інших цікавих матеріалів Ви знайдете
в підручнику “Practical Financial English”
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