Stock in Trade

The audit of the stock of goods in hand at the end of the period demanded a great deal of care and caution on the part of the auditor. Similarly, the stock value must be appropriately calculated; otherwise, the Profit and Loss Account would be erroneous and produce misleading results.

• The tools, merchandise, or supplies required for or employed in a trade or business

Anything like tradesman’s standard equipment or business humor was her stock-in-trade as a writer.