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Inventory, Net

3 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Inventory, Net

NOTE 8 – INVENTORY, NET

Inventory, net, consist of the following:

		December 31,				September 30,
		2019				2019
Raw materials		$	4,100,771			$	4,917,700
Work in progress			1,040,499				543,857
Finished goods			4,050,265				3,683,810
			9,191,535				9,145,367
Less: Allowance for inventory obsolescence			(3,918,643	)			(3,938,212	)
Inventory –net of allowance for inventory obsolescence		$	5,272,892			$	5,207,155

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- References

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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.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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