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calculate the closing stock:
if opening stock- rs.2327620 , purchase -23519280, direct
expenses-1335225, sale:- 24884412, direct income :-286371
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Answer / mallikarjuna
you have to calculate closing stock this way
Opening stock 2327620
purchases 23519280
total 25846900
(-)Total sales 24884412
Closing stock 962466
| Is This Answer Correct ? | 11 Yes | 9 No |
Answer / kathir
Opening Stock 2327620 Sales 24884412
Add:Purchases 23519280 Direct Income 286371
25846900
Direct Exp. 1335225 Closing Stock
(B.F) (2011342)
27182175 27182175
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / hafiz arshad
962,488 is closing stock and no any roll of direct expense & direct income in calculate of closing stock
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rajaramarora
to caculate closing stock we should follow below formula :
Opening Stock (Material 10
Add : Purchases (Material 80
Add : Gross Profit (Profit)in percentage% 12 (20% of Sales
Less : Sales (Or Material Comsumed) 60
: Closing Stock 42
| Is This Answer Correct ? | 0 Yes | 4 No |
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