Answer Posted / bc070400217
Goods that have departed from the dispatch, loading, or
shipping point but have not yet arrived at the receipt,
offloading, or delivery point. Also called in transit
inventory or stock in transit.
| Is This Answer Correct ? | 7 Yes | 2 No |
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Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?
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