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A manufacturing firm typically has how many inventory accounts?
Wiki User
∙ 13y ago
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Wiki User
∙ 13y ago
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What typically doesn't have an inventory account?
Like what type of business? An accounting firm wouldn't have an inventory account. A manufacturer would have an inventory. Think of it as if a company is selling a product as opposed to services they would generally have an inventory account.
Chart of accounts of a Law Firm?
http://www.google.com/search?q=law+firm+chart+of+accounts
What factors determine the need for cash in the firm's operation?
Operating Cash Flow is calculated using adjusting net income for items (depreciation, changes to accounts receivable, and changes to inventory).
Can a partner freeze the bank accounts of a partnership firm?
yes
A firm's accounts payable ledger may include accounts for creditors who are not suppliers of merchandise True or False?
fales
What typically doesn't have an inventory account?
Like what type of business? An accounting firm wouldn't have an inventory account. A manufacturer would have an inventory. Think of it as if a company is selling a product as opposed to services they would generally have an inventory account.
Is Hindustan pencils limited company is a manufacturing firm?
yes Hindustan pencils limited company is a manufacturing firm company
Chart of accounts of a Law Firm?
http://www.google.com/search?q=law+firm+chart+of+accounts
What factors determine the need for cash in the firm's operations?
Operating Cash Flow is calculated using adjusting net income for items (depreciation, changes to accounts receivable, and changes to inventory).
What factors determine the need for cash in the firm's operation?
Operating Cash Flow is calculated using adjusting net income for items (depreciation, changes to accounts receivable, and changes to inventory).
What is manufacturingfirm?
There's no such thing as a manufacturing firm. However, there's manufacturing factories. These factories work to convert raw materials into edible and finished goods.
What is the stock of unsold goods held by a firm called?
Inventory.
Why you use tally?
we mainly use tally as an accounting software to maintain the books of accounts related to thebasic problems of every firm and business like accounting,inventory,taxation problems of the all types of companies.
Cash operating cycle?
The cash conversion cycle (Operating Cycle) is the length of time between a firm's purchase of inventory and the receipt of cash from accounts receivable. It is the time required for a business to turn purchases into cash receipts from custome.
What is Stock of unsold goods held by a firm called?
Stock on hand or inventory
Can a partner freeze the bank accounts of a partnership firm?
yes
What is the main reason firms keep money in their checking accounts?
The money in checking accounts is used to pay for the day to day expenses of the firm. For ex: they could be getting raw materials for their manufacturing factory and they would need to pay for the same. Such kind of payments are usually made through checks that are linked to the checking account. The person providing the services/goods to the firm will cash the check and get the money due to him as payment.
