Accountancy, asked by mithilesh070280, 8 months ago

which of the following is an accounting record A.bills of material B. Bin card C. storage legitimacy D. all of the above​

Answers

Answered by joaneantobo123
6

C. Storage legitimacy

Answered by krishnaanandsynergy
0

D. all of the above​ are accounting records.

Accounting record:

  • Accounting records are any supporting papers, such as checks and invoices, as well as records of assets and liabilities, financial transactions, ledgers, and journals.
  • An accounting transaction is a commercial occurrence that affects a company's financial statements financially.
  • It is noted in the company's accounting records.

Bill of materials:

  • A list of the raw materials, sub-assemblies, intermediate assemblies, sub-components, pieces, and the amounts of each are included in a bill of materials, also known as a product structure.
  • A BOM may be restricted to a single manufacturing facility or utilized for communication between manufacturing partners.

Bin card:

  • Bin cards are record-keeping tools used in retail and other industries that need a stock room. They are also known as inventory cards or stock cards.
  • They maintain a running inventory balance for a company.

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