The finished goods account is the controlling account for the a. cost ledger b. stock ledger c. work in process ledger d. materials ledger

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Business

Cecelia Nielsen

19 May, 09:39

The finished goods account is the controlling account for the a. cost ledger b. stock ledger c. work in process ledger d. materials ledger

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Jaycee Kramer · Answer 1

stock ledger

Explanation:

stock ledger - it is a record of stock that has been done in one corporation.

it keeps the record of all transactions of stock in any organization. it gives clear data of stock that has been purchased and sell at a particular time so that the total estimate of profit or loss can be calculated. it is usually considered to be part of the stock record book.