What is the difference betwn "Inventory" and "Stock".
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Answer Posted / aparajita
thanks for ur short question'brought ans...CHANDU
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A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .
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