PHYSICAL INVENTORY Definition

Bookmark and Share

PHYSICAL INVENTORY is the counting of all merchandise or equipment on hand.

Learn new Accounting Terms

SEVERANCE TAX is levied on production of natural resources taken from land or water bottoms within the territorial boundaries of a state.

ORGANIZATION is a term for any type of group or association of individuals that have joined together either formally or legally, e.g. a company, corporation, government, or partnership.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.