Which of the following keeps a record of receipts, issues and running balance of certain items of stock, especially of fitting items?
Stock items
Bin card
Quantity account
Value account
Bin card
• Bin means a rack,
container, or room where goods are kept.
• Bin cards are
printed cards used for accounting for the stock of material, in stores.
• A bin card is a
quantitative record of receipts, issues, and closing balance of each item of
stores.
• For every item of
material, separate bin cards are kept.
• The details
regarding the material such as the name of the material, the part number, the
date of receipt and issue, the reference number, the name of the
supplier, the quantity received and issued, the value of the material,
the rate, the balance quantity, etc. are recorded in bin cards.
Preparing students for success in a changing World.
We care about our students
RPSC-AE, RSMSSB-JE, SSC-JE, RRB-JE, PSU's