ECONOMICS

Detailed explanation-1: -A record of all materials entering or leaving the bin and balance of material in hand is kept in this card. These cards are entered by the store-keeper and only the quantities are recorded.

Detailed explanation-2: -Bin card is maintained in store for each of the item. It records in and out quantity of the item.

Detailed explanation-3: -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.

Detailed explanation-4: -Stock or bin card. Stock (or bin) cards keep track of stock movements within a store or health facility. A stock card is the basic record needed to establish accurate quantities of individual items to reorder. A separate stock card is needed for each inventory item.

Detailed explanation-5: -A stock card, or inventory card, is a document that records the inflow and outflow of goods in a business. It works best with the FIFO method and can track purchases, sales, and returns. A stock card will also track the value of the inventory on hand.