Periodic vs Perpetual Inventory Accounting
Share your inquiries now with community members Click Here
Sign up Now
Lessons List | 27 Lesson
Comments
Related Courses in Business
Course Description
Inventory refers to all the items, goods, merchandise, and materials held by a business for selling in the market to earn a profit. Example: If a newspaper vendor uses a vehicle to deliver newspapers to the customers, only the newspaper will be considered inventory. The vehicle will be treated as an asset.What is inventory in accounting?
Inventory is the array of finished goods or goods used in production held by a company. Inventory is classified as a current asset on a company's balance sheet, and it serves as a buffer between manufacturing and order fulfillment.What is the concept of inventory?
Inventory is an accounting term that refers to goods that are in various stages of being made ready for sale, including: Finished goods (that are available to be sold) Work-in-progress (meaning in the process of being made) Raw materials (to be used to produce more finished goods)
Trends
MS Excel
Python programming language
Learning English Speaking
Excel Course Basic to Advanced
Photoshop text masking effect methods
Data Entry
WordPress Admin Dashboard Management
English Language
Communication Skills
Hacked Facebook Account Securing
AWS terraform techniques
Cyber Security
Communication Skills importance
Advanced Excel
Magento Formation Français
SEO Google Digital Marketing
Marketing Fundamentals for beginners
Fast Photo Tricks
Mobile Apps from Scratch
AUTOMATA THEORY
Recent
Snapchat marketing for business
Google Payment methods for beginners
Google display advertising in english
Phrase match type In google Ads
Call extensions in google Ads for beginners
Facebook hacked account recovery methods
Recover facebook password with Phone number
LinkedIn videos downloads methods
Increase youTube subscribers ways for beginners
Seo Keyword research strategies
YouTube Facebook Page Linking fundamentals
Instagram videos downloads methods
Pinterest account creation fundamentals
Hacked Facebook Account Securing
Amazon Business account creation strategies
Tik Tok business account creation for ads
Accessing gmail without sharing passwords
Flipkart Seller account setup essentials
Creating Twitter Video Ads for beginners
Facebook business Page optimization strategies