Note 6 - Inventories |
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||
| Notes to Financial Statements | ||||||||||||||||||||||||||||||||||||||||||||||
| Inventory Disclosure [Text Block] |
Note 6. InventoriesInventories consist of the following as of:
During the
nine months ended June 30, 2018, the Company adopted Accounting Standards Update (“ASU”) 2015 -11, Inventory (Topic which applies to all inventory except inventory that is measured using last-in, 330 ) Related to Simplifying the Measurement of Inventoryfirst -out or the retail inventory method. This adoption had no effect on the financial statements and was applied prospectively. Therefore, prior periods were not retrospectively adjusted. |
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- References No definition available.
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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