What is inventory
- 4 Answers
- 6746 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sanmilan
Inventory in a Manufacturing Company relates to ‘Stock in
Hand’ at any Particular Date which could be of Finished,
Semi Finished or unfinished which can be treated as Current
Assets. High accumulation of Inventory is always risky since
it indicates locking up of Funds. So it should always be at
a reasonable level
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / navjeet singh
inventory is goods produced by the company but being stored in the store room. means lying vacant not sold. inventory are current assets as they will fetch the company cash when sold.
| Is This Answer Correct ? | 3 Yes | 0 No |
Inventory is the record of stock keeper for all goods in the
stock in terms of business period
regard
ramazan ali haidary
afghanistan
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / manjunath
In manufacturing units inventory means unsold goods or
physical stock in stock yard and it is current asset for
particular company.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is the differance between Captial & revanue?
What is the Account Receviable for Airport?
WHAT IS BANK RECONSILAION STATEMENT?
What is Tally
What is ppe in accounting?
how to calculate professional tax, what is the percentage and also turn over tax.
what is meant by statutory payments?
Give Any three special cases of computation of capital Gain U/s 45(1A) to 45(6)?
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
what is contribution? how does it help in taking managerial decisions?
Explain financial accounting. What are its characteristic features?
What is investment banking?
Audit 
