How do you calculate closing stock? Which important steps do
you take while valuation of closing stock.
Answers were Sorted based on User's Feedback
Answer / dilip
closing stock =opening stock + purchases + factory
expenses - sales
| Is This Answer Correct ? | 7 Yes | 6 No |
Answer / manish
closing stock = opening stock+ purchase+ direct expenses- sale
| Is This Answer Correct ? | 1 Yes | 0 No |
what is the diffrent between form-c and form 16
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
what differance Between Capital reserv and reserve capital?
4 Answers Dharampal Satyapal Limited, Genpact,
Which steps in Procurement to Pay process does FI documents get created.
what is difference between cost and expenditure and expence
The Trial balance will show only the Opening Stock & Purchase for any given period, but for Profit and loss, we have to calucate the Opening + Purchase – Closing stock ?
A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.
What is the Journal Entry of Closing Stock (Raw Material) of a manufacturing Company
which form is used for central sales tax outside purchase and sales and vat
salary payable deduct tds entry
0 Answers Matrix Adhesive Incorporation,
Sir, Now, i am purchasing ply wood, board, and other material for my office furniture. But now the furniture is incomplete so what would be the journal entry for this exp. in book.
what is a gross profit ratio?