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Definition of Inventory accounting
1. Noun. Accounting that controls and evaluates inventory.
Specialized synonyms: Fifo, First In First Out, Last In First Out, Lifo
Lexicographical Neighbors of Inventory Accounting
Literary usage of Inventory accounting
Below you will find example usage of this term as found in modern and/or classical literature:
1. Bookkeeping and Accounting by James Oscar McKinsey (1920)
"Accounting with Consignments The Consignor's Record and Inventory The Consignee's
Record and inventory accounting for Wholesale ..."
2. Performance Profiles of Major Energy Producers (1993) by DIANE Publishing Company (1995)
"inventory accounting — LIFO Versus FIFO The Last In-First Out (LIFO) and the
First In-First Out (FIFO) inventory methods are most often used in the ..."
3. Chain Stores: Their Management and Operation by Walter Sumner Hayward, Percival White, John Sherwood Fleek, Harry MacIntyre (1922)
"Many chains have traveling auditors who visit branch stores at specified or
unexpected times and take inventory. Accounting for a Retail Grocery Store. ..."
4. Bookkeeping and Accounting by James Oscar McKinsey (1920)
"Accounting with Consignments The Consignor's Record and Inventory The Consignee's
Record and inventory accounting for Wholesale ..."
5. Performance Profiles of Major Energy Producers (1993) by DIANE Publishing Company (1995)
"inventory accounting — LIFO Versus FIFO The Last In-First Out (LIFO) and the
First In-First Out (FIFO) inventory methods are most often used in the ..."
6. Chain Stores: Their Management and Operation by Walter Sumner Hayward, Percival White, John Sherwood Fleek, Harry MacIntyre (1922)
"Many chains have traveling auditors who visit branch stores at specified or
unexpected times and take inventory. Accounting for a Retail Grocery Store. ..."
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