How many types of inventories are there for a company ?
- 4 Answers
- 5814 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / pradeep gunuguntla
Raw Material
WIP ( work in progress)
Finished Goods
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / h.r. sreepada bhagi
In a manufacturing Company:-
1. Raw Materials 2. packing Materials 3. Work-in-process 4.
Finished Goods and 5. Stores and Consumables
In a trading or retail company:-
1. Trading Goods
Type of stock vary from industry to Industry like Agro
Industries, Live stock companies, Poultry Industry, Mining
Industry and so on.
It is specific to the industry to which the company belongs.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / sunjay mp
RAW MATERIAL
SEMI FINISHED GOODS(Excise duty is Depending on Goods)
FINISHED GOODS(Excise duty payable)
| Is This Answer Correct ? | 0 Yes | 0 No |
What is vendor?
Hi everyone Sir if we not deposited the TDS before 7th of Every month,tehn what is the penality rate
What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%
Why do users of accounting information need accounting information?
when receieve cheque from a party and we deposite cheque in bank how do this entry
The ratio of the prices of three different types of cars is 4:5:7. If the difference between the prices of costliest and the cheapest cars is Rs.60000 what is the price of the car of moderate price ?
what do you mean by bank reconocilition statement
how to calculate AMC charges for the financial year
A firm pays commission to its manager @10%on profits arrived at after charging such commission.What will be the amount of commission if the profits before charging such commission is Rupee 22,000?
If we don't use Contra Book, instead which book is to be operated CASH BOOK or BANK BANK for: e.g.Cash withdrawl from Bank or Cash deposited in Bank
While calculating TDS are we to take the value+Tax and then arrive at or take only the value
PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)
Audit 
