Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

define inventory

Answer Posted / kiran kumar

Inventory is commonly called as stock, stock means the
goods held by the business for being resold to customers.
stock consist of raw materials, semi finished goods,
finished goods.

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How are fund-raising and publicity and management and administration costs apportioned over funds?

1927


Expand DPCO

2138


what are the differences between Tally and Focus?

7944


Do you need an income statement if you do part time contract work at home?

2189


What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?

2910


HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY

9585


How do the standards assist the users of financial report?

2323


Define the word Profit in terms of business

2160


outstanding expenses, prepaid or unexpired expenses

4004


Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.

2244


Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1893


If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?

2060


Expand---------ODMT

2519


Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry

1920


Under the accrual basis of accounting incomes are recognised at the time -------------------

2203