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Inventory valuation

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5 Points Posted on 15 March 2019
What are inventory items for a financial enterprise like bank, finance etc?
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On 15 March 2019 at 18:30 Report
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7053 Points Posted on 15 March 2019
you won't find inventory accounts receivable payable instead mostly loans and investments made by bank
am I right?
184 Reply
On 15 March 2019 at 18:46
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5 Points Posted on 15 March 2019
I heard that the collateral against loans provided to public which are to be sold by the bank on the event when customer couldn't pay back the loan has to considered as inventory. So i want to be sure about it.
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On 15 March 2019 at 18:54
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Student
7053 Points Posted on 15 March 2019
how can a bank show a collateral which is neither purchased nor acquired by bank instead the loan amount already appears as an asset
184 Reply
On 15 March 2019 at 19:08


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