Calculation of closing Stock give example?
Answers were Sorted based on User's Feedback
Answer / manjul pandey
CLOSING STOCK=opening stock+purchase+direct expenses+sales return+gross profit-sale-purchase return
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / diwas sharma
opening stock + purchase - sale + direct expenses + gross profit - direct income = closing stock
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pavan kumar
opening stock+purchases+direct expenses+gross profit-sales=closing stock
| Is This Answer Correct ? | 3 Yes | 4 No |
Answer / vikas deokar
Closing Stock = Opening Stock + Purchase - Purchase Return - Sales - Sales Return
| Is This Answer Correct ? | 4 Yes | 8 No |
what is the rate of vat,cst,in mumbai
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
What is accumulated depriciation
Genpect Interview
i want make credit card ledger. which group under its come?
What are the activities that are included in the cash flow statement?
i have purchase goods for Rs.100 and company say you sell this goods for Rs. 80 and raised a debit note for diffrence amount and he fix 5 % commision on sales value what is journal entry passed in tell with narration?
Do you know balancing in accounting?
what is Service tax rate
if profit increase by 25percente, how much consumtion level ll be decrease to kept cost of goods sold same?
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
0 Answers Ankur Drugs Pharma, Infosys, RR Donnelley,
when we are cash deposit in bank, how entry in contra (tally)software ?