Study with Priyanka - SWD
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EMRS ACCOUNTANT, UPSSSC AUDITOR/ AA, UPPCL AA, BIHAR LEKHPAL / JUNIOR ACCOUNTS CLERK
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Notice - Paid class & YouTube class will be conducted from the 30st of August. Revise all your previous classes & practice sessions.
Notice -
7pm - Paid live class for UPSSSC AA /AUDITOR EXAM
8pm - YouTube class
Notice -
- No YouTube class
7pm - Paid live class for UPSSSC AA /AUDITOR EXAM for 2 hrs
Notice -
- No YouTube class
6pm - Paid live class for UPSSSC AA /AUDITOR EXAM for 2 hrs
Note - Stock & Inventory
👉 Stock means goods held by a business mainly for sale in the ordinary course of business.
Stock का अर्थ व्यवसाय द्वारा सामान्यतः बिक्री के लिए रखी गई वस्तुओं से है।
👉 Inventory means raw materials, work-in-progress and finished goods held by a business.
Inventory में व्यवसाय में रखे कच्चे माल, कार्य-प्रगति में माल (WIP) और तैयार माल शामिल होते हैं।
👉Main Difference:
Stock is a narrower term, whereas Inventory is a broader term.
Stock एक संकीर्ण (Narrow) शब्द है, जबकि Inventory एक व्यापक (Broad) शब्द है।
👉Inventory:
It is shown under Current Assets in the Balance Sheet.
Inventory को Balance Sheet में Current Assets (चालू परिसंपत्तियाँ) के अंतर्गत दिखाया जाता है।
👉Stock:
Closing Stock is generally shown as Inventories under Current Assets in the Balance Sheet.
Closing Stock को Balance Sheet में Current Assets के अंतर्गत Inventories के रूप में दिखाया जाता है।
👉Closing Stock = Inventory = Current Asset (in the usual trading/manufacturing context).
NOTICE - Updated file of double account system is uploaded in AA/ AUDITOR batch. Plz check.
Notice -
- No YouTube class
7pm - Paid live class for UPSSSC AA /AUDITOR EXAM for 2 hrs
Notice -
- No YouTube class
7pm - Paid live class for UPSSSC AA /AUDITOR EXAM for 2 hrs
