TMI BlogRaw Material ValuationX X X X Extracts X X X X X X X X Extracts X X X X ..... en inventories are sold, the carrying amount of those inventories shall be recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of inventori ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e period in which the reversal occurs. Allocation of Inventory to Other Asset - Some inventories may be allocated to other asset accounts, for example, inventory used as a component of self-const ..... X X X X Extracts X X X X X X X X Extracts X X X X
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