Accounting standards

General Accounting Principles

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The unsold merchandise of business on particular day is called

Purchase Return

Stock / Inventory

Bad Debts

Sales Return

Explanation:

The unsold merchandise of business on particular day is called Stock / Inventory

Inventory and stock control are terms used interchangeably in business accounting and product monitoring. In fact, the term "stock inventory control" is the proper term. These terms refer to both the actual products ready for sale as well as the supplies needed to make the products to sell

By: Munesh Kumari

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