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what is Calculation of closing Stock?

Answers were Sorted based on User's Feedback



what is Calculation of closing Stock?..

Answer / pravin.kamble425@gmail.com

Closing Stock = Opening Stock + Purchases - sales + Sales
Return - Purchase return + WIP.

Is This Answer Correct ?    3 Yes 1 No

what is Calculation of closing Stock?..

Answer / ms. deepa dhurate

Op.Stock+Purchases-Pur.return-Sales+sales ret=Closing Stock

Is This Answer Correct ?    2 Yes 0 No

what is Calculation of closing Stock?..

Answer / manojs

closing stock=opening stock+purchases+direct exp-sales
or
closing stock=sales-gross profit


i told wrong for both of them because for sales we deduct
sales return and write as sales after that deducting

Is This Answer Correct ?    0 Yes 1 No

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