Examlex
Which of the following is best for private,short to medium length messages?
Ending Inventory
Ending inventory refers to the total value of unsold goods that a company holds at the end of an accounting period.
Goods In Transit
Items that have been shipped by a seller but not yet received by the buyer, which can be included in the inventory of either party depending on the shipping terms.
Purchase Discount
is a reduction in the price of goods bought, usually due to early payment by the buyer to the seller.
Perpetual Inventory System
A perpetual inventory system continuously tracks inventory levels and costs, updating records with each receipt or sale of goods.
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