Answer Posted / pacchu1124

Difference Between Inventory and Stock

• Stock and inventory are used interchangeably which is not correct

• Stock pertains to goods only, both in terms of quantity as well as its monetary value

• Inventory is the sum of stock and assets that include plant and machinery

distinguish between price rate and time rate?

2152

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Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe

3946

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Debit Note & Credit Note?

2267

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What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese

2076

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Accounting related interview questions on ibm

1444

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HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?

2018

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What was use of tally erp 9? Types of vat?

1734

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which is the combine entry in ERP?

2316

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what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record

2312

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What do you mean Business

2308

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while i creating a main asset master there is a error called process being terminated? pls send the solution

2236

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My BASIC Salary is 18,000

1873

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Calculate the total Depreciation for four or five Years so practice some problems on depreciation?

2078

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income from depreciated asset is profit or loss?

1540

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What exactly is derivatives segment. can u explain futures and options with examples...

2679

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