Accountancy, asked by ss705989, 8 months ago

Define stock/inventory.

Answers

Answered by sonamkumari09536
0

Answer:

Inventory is the goods and material that a business hold for ultimate goal of repair

Answered by traptimishra156
0

Answer:

inventory is the current asset of the business through which company makes its goods. it is the raw material which producer purchased from suppliers.

it is shown in the balance sheet as closing inventory and its consumption is shown in the TRADING A/C

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