A. A.. International Journal on Economics, Finance and Sustainable Development, 5 (6):
249-253(June 2023)
Abstract
In this article, the influence of the applied methods of writing off inventories on the value of their balance and the consumption of materials in the accounting of materials at the enterprise has been studied. Using practical examples and related findings, we illustrate the impact on financial statements of applying the weighted average cost and first-to-stock (FIFO) methods used in material valuation.
%0 Journal Article
%1 noauthororeditor
%A A., Abdusalomova Nadira Bahodirovna | Abduganiyev M.
%D 2023
%J International Journal on Economics, Finance and Sustainable Development
%K average cost, financial inventory, materials, report weighted
%N 6
%P 249-253
%T Ways to Write Off the Cost of Inventory
%U https://journals.researchparks.org/index.php/IJEFSD/article/view/4542/4253
%V 5
%X In this article, the influence of the applied methods of writing off inventories on the value of their balance and the consumption of materials in the accounting of materials at the enterprise has been studied. Using practical examples and related findings, we illustrate the impact on financial statements of applying the weighted average cost and first-to-stock (FIFO) methods used in material valuation.
@article{noauthororeditor,
abstract = {In this article, the influence of the applied methods of writing off inventories on the value of their balance and the consumption of materials in the accounting of materials at the enterprise has been studied. Using practical examples and related findings, we illustrate the impact on financial statements of applying the weighted average cost and first-to-stock (FIFO) methods used in material valuation.},
added-at = {2023-10-31T10:45:13.000+0100},
author = {A., Abdusalomova Nadira Bahodirovna | Abduganiyev M.},
biburl = {https://www.bibsonomy.org/bibtex/2216375254e69d02f19a407388e796140/researchpark_20},
interhash = {9f434fbd35603643028f6d28cfbd93f0},
intrahash = {216375254e69d02f19a407388e796140},
issn = {2620-6269},
journal = {International Journal on Economics, Finance and Sustainable Development},
keywords = {average cost, financial inventory, materials, report weighted},
language = {english},
month = {June},
number = 6,
pages = {249-253},
timestamp = {2023-10-31T10:45:13.000+0100},
title = {Ways to Write Off the Cost of Inventory},
url = {https://journals.researchparks.org/index.php/IJEFSD/article/view/4542/4253},
volume = 5,
year = 2023
}