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What is consumables good

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What is consumables good

Posted by Priyanka Patel 3 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 3 years, 7 months ago

In accounting, a consumable is a small, everyday item that is bought, 'used up', and then replaced. Consumables can also be referred to as 'consumable goods', 'soft products' or 'non-durable products'. We use consumables every day; for example, we consume food and water. In the same way, a business can consume goods.

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CBSE > Class 12 > Accountancy

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