Interested to Buy Any Domain ? << Click Here >> for more details...
what is inventory and how can manage the inventory.
what is ledger and what difference in inventory and ledger.
- 4 Answers
- 16824 Views
- HCL, TATA, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / k hasan
the good for the purpose of sale remain at the end of the
financial period is called inventory.
ledger is book in accounting term were all same accounting
head realted transactions are recoded for calculating there
balance .
| Is This Answer Correct ? | 26 Yes | 1 No |
Answer / prathap
Inventory or stock refers to the goods and materials that a business holds for the ultimate purpose of sale or Resale.
Ledger is a set of accounts.It contains all accounts of the Business Enterprise whether Real, Nominal, Personal.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / imran maniyar
Inventory is a part of stock balance, which is shown in balance sheet end of financial year. & mentioned in good materials in business for sales resales or purchased.
Ledger is a part of account sets, for accounting purpose for creating balance sheet or p P& L account for known as the business financial situation
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / manikanta jagati
Hi there!
nventory is formed as RM>wip>FG. FG is accountable as opening stock, inputs, consumption, outputs, closing stock.
Ledger is an account prepared in books which may have debit or credit balance or may not be. Ledger is posted after having created Journal in the books. In accounting tools like Tally, if post J.e. then it automatically generates ledger accounts for the entries.
| Is This Answer Correct ? | 0 Yes | 0 No |
Do you think Auditing job is very boring ?
Define yourself
35 Answers Banking, College School Exams Tests, Eicher, INCDA, Infosys, Jet Airways, Lupin, Reliance, Safcon, TCS, Vertex, Volvo, Wipro,
Explain the different advantages and disadvantages of internal audit?
is we can avail credit of service tax paid on telephone bill.if yes these credit can be availed from any other head(for eg consultancy service)
What are dormant deposits and which is the difference with dormant accounts? Thanks
What are examples of Factory Overhead?
What are the portions to be covered in tax audit and what are the papers to be checked in tax audit by auditors?
How i do ledger scrutiny(give the examples of rent share capital etc.)
5 Answers Kekran Mekran, Private, spykar,
What do you find the most challenging in Accpuntant role
0 Answers State Bank Of India SBI,
what is the accounting
How to reconcile GST Tally and GST Portal ?
How to do an internal audit effectively?
Audit 
