what is inventory and how can manage the inventory.
what is ledger and what difference in inventory and ledger.
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
|Is This Answer Correct ?||25 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
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|
what is a balance sheet
What do you think you will be doing in your first year with us?
How do you manipulate accounts?
assume we have taken a assest on 20/02/2010,then can we charge depreciation for a whole finacial year?
What is the role of Internal Auditor?
What sort of image do you have?
what is internal check?
what audit procedure i can do in the share capital account of a company and why it have been apply?
Every firms has audit firms to audit their accounts but who will audit an auditing firm?