Inventories are unsold ready goods, might also be in the form of raw materials and components, or some are in the process as work in progress.
Posts tagged as “Current Assets”
Debt factoring is the process of a business selling its debt to a debt factoring company. The debt factoring company buys the unpaid invoice for cash.
After the start-up capital has been generated, money that is used in a business is categorized as Revenue Expenditure and Capital Expenditure.