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what is inventory
is stock and inventory means the same?if not what is the difference
Double Entry Book-keeping
Mar 12 2014 01:49 AM
yes stock and inventory are same
in some cases inventory means only the raw materials which we use for a particular product but stock may also include items which is not directly involved in the product which we are producing currently.
Mar 13 2014 01:15 PM
apperciated question.....stock and inventory both are same.
Mar 13 2014 05:43 PM
inventory is what u bought for use in company in case of steel company they hav large storage of coal,coke , ore ,flux . these things come under the inventory of that company.
Mar 20 2014 05:35 PM
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if goodwill is sold as per market value what will be the double entry effect?
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