Stores Ledger and Bin Card
Make a distinction between Stores Ledger and Bin Card?
Expert
- Bin Card is a quantitative record of the specific item of its receipts, issues and closing balance while Stores Ledger records both the quantity and cost of receipts, issues and balances of item of material received. - Bin Card is made by stores department while Stores Ledger is made by costing department. - In Bin Card system, entries are made instantly after each and every transaction. In Store entries, Ledger is made sometimes.
- In Bin Card, postings are prepared ere a transaction. In Store Ledger, posting is prepared subsequent to a transaction.
- Bin Card is kept attached to the bins within the store as to facilitate to recognize the stock. Store Ledger is kept outside the store.
Explain briefly the procedure how load balancing is maintained in the Siebel?
What does reconciliation of time booked and time attended tell us?
just 500 to 800 word case study for Accounting Theory & Contemporary Issues.
Give brief introduction of Accelerating Premium System of premium payment?
Describe distinguish between the term Financial Accounting and Cost Accounting?
Hello, my assignment is due on the 28/03/2014 so I would need it on the the 27/03/2014. I have a budget for $50 is it possible to have it done?
Explain what do you meant by the Bank Reconciliation? And how we can do its entry in the busy Software?
Write down the advantages of having conceptual framework.
Give a brief introduction of the term ‘accounting concepts’?
Write down the major characteristics of financial accounting?
18,76,764
1938456 Asked
3,689
Active Tutors
1460295
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!