1. Categories >> Accounting >> Accounting General
  2. Suggest New Category

How do you calculate closing stock? Which important steps do
you take while valuation of closing stock.

Question Posted / mayank

Answers were Sorted based on User's Feedback



How do you calculate closing stock? Which important steps do you take while valuation of closing st..

Answer / raju

Closing Stock=openging stock+Purchases-sales

Is This Answer Correct ?    18 Yes 2 No

How do you calculate closing stock? Which important steps do you take while valuation of closing st..

Answer / dilip

closing stock =opening stock + purchases + factory
expenses - sales

Is This Answer Correct ?    7 Yes 6 No

How do you calculate closing stock? Which important steps do you take while valuation of closing st..

Answer / manish

closing stock = opening stock+ purchase+ direct expenses- sale

Is This Answer Correct ?    1 Yes 0 No

How do you calculate closing stock? Which important steps do you take while valuation of closing st..

Answer / manas

closing stock=opening stock+purchase-sales

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting General Interview Questions

I have 3 units, can i vat returns all the three units only one vat form

2 Answers  

How to approval an invoice

1 Answers   Accenture,

A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.

1 Answers  

what question ask in aptara for technical test questions?

2 Answers   Aptara,

Accounting and Accountancy

2 Answers  




what is midcap share?

2 Answers   India Infoline,

We may get profit or loss from business. If so we can name the statement as Profit or Loss account. But since a long time we are naming it as Profit and Loss account. Why?

1 Answers  

Explain the Steps to Define Recurring Invoices

0 Answers   Accenture,

who is payee?

2 Answers  

WHAT IS THE DIFFERENCE BETWEEEN CASH FLOW STATEMENT AND FUNDS FLOW STATEMENT

1 Answers  

IN THE COMPANY 'X' PERSON INJURED AND HE GOT TREATMENT FROM HOSPITAL AND COMPANY GIVEN THE AMOUNT RS 950/- AND DEDUCTED TDS AMOUNT RS 50/- WE GIVEN THE PAYMENT BY CHEQUE TO THAT HOSPITAL THEN WHAT WILL BE THE ENTRY

5 Answers   HP, Shriram,

Allowances means-mobile, trawling is direct exp or indirect exps

1 Answers   KCH,

For more Accounting General Interview Questions Click Here
Categories