what are different inventory and stock.

Answer Posted / shyamgoud786

The combination of raw material,work in progress, and finished goods is called Inventory.



Stock means the finished goods,which are ready for sale.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Dillution effect on EPS

1904


Do you think there is any difference between inactive and dormant accounts?

740


WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?

1614


how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come

9643


Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00

1715






In accounting equation what is the treatment of investment in shares??

1078


wht is different between defered tax liablities and defered tax assets??????

1314


please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.

4239


what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..

4116


what role did you play in collections?

622


can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power

1292


How do you add/remove a payment block for particular invoice ?

1785


What is the abbreviation for the accounting terms debit and credit?

552


Hello friends, I want to sk that Is computer proficiency certificate necessary at the time of SBI clerk Interview?and all other guys who have cleared the nov 2009 exam and have got the bio data form please give replies,,, waiting for replies ,thank you.

1707


purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c

4094