Accountancy, asked by divyanshu27316, 1 year ago

what do you mean by stock in accounting​

Answers

Answered by Anonymous
1

In accounting there are two common uses of the term stock. One meaning of stock refers to the goods on hand which is to be sold to customers. In that situation, stock means inventory. The term stock is also used to mean the ownership shares of a corporation

Answered by harsh6767
2

Answer:

In accounting there are two common uses of the term stock. One meaning of stock refers to the goods on hand which is to be sold to customers. In that situation, stock means inventory. The term stock is also used to mean the ownership shares of a corporation.

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