单词 | beginning inventory |
释义 | beginning inventory in Retail (bɪgɪnɪŋ ɪnvəntɔri) Word forms: (plural) beginning inventories noun (Retail: Merchandising) ending inventory, inventoryA beginning inventory is all of the goods, services, or materials that a business has available for use or sale at the start of a new accounting period. If the beginning inventory is overstated, cost of goods sold will be overstated and net income understated. The cost of the ending inventory is larger than the cost of the beginning inventory because the firm bought more than it sold. A beginning inventory is all of the goods, services, or materials that a business has available for useor sale at the start of a new accounting period. beginning inventory in Accounting (bəgɪnɪŋ ɪnvəntɔri) Word forms: (plural) beginning inventories noun (Accounting: Management) inventory , inventory A beginning inventory is all of the goods, services, or materials that a business has available for useor sale at the start of a new accounting period. If the beginning inventory is overstated, cost of goods sold will be overstated and net income understated. The cost of the ending inventory is larger than the cost of the beginning inventory because the firm bought more than it sold. A beginning inventory is all of the goods, services, or materials that a business has available for useor sale at the start of a new accounting period. |
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