Stock of a Trading concern consists of ........

Accountancy (Phase -I & II) Employee Stock Option and Buy back of Securities

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Stock of a Trading concern consists of

Raw material

Work in progress

Merchandise inventory

All of the above

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Explanation:

Stock of a Trading concern consists of Merchandise inventory. Merchandise inventory is the cost of goods on hand and available for sale at any given time. Merchandise inventory (also called Inventory) is a current asset with a normal debit balance meaning a debit will increase and a credit will decrease.