Question:medium

To issue and running balance of certain items of stock in inventory, which of the following keeps a record of items?

Show Hint

Key differences to keep in mind for examinations: - Bin Card $\rightarrow$ Maintained by the Storekeeper, contains quantities only, kept in the physical warehouse. - Stores Ledger $\rightarrow$ Maintained by the Cost Clerk, contains both quantities and pricing values, kept in the accounting office.
Updated On: Jul 9, 2026
  • Bin cards
  • Stock items
  • Quantity account
  • Value account
Show Solution

The Correct Option is A

Solution and Explanation

Was this answer helpful?
0