What does SIT mean in Accounting?

This page is about the meanings of the acronym/abbreviation/shorthand SIT in the Business field in general and in the Accounting terminology in particular.

Stock In Trade

Stock In Trade represents the stock of items sold in an ordinary course of business.

Business » Accounting

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Submitted by ravijathyaniwal on August 18, 2017

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Definition

What does SIT mean?

sit, sit down(verb)
be seated

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"SIT." Abbreviations.com. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.abbreviations.com/term/1936196>.

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    SMH
    A Sell My House
    B Shake My Head
    C Stock Market Hours
    D Something More Helpful