Answer / bharathi

Valuation of Stock - Opening Stock Add: Purchase Less
Sales = Closing Stock (For Trading Company)

Valuation of Stock - Opening Stock of Raw Materials Add:
Purchase of Raw Materials Less: Consumption of Raw
Materials and Sales (if any) = Closing Stock (For
Manucaturing Company)

Opening Stock of Finished Goods Add: Production of Finished
Goods Less: Sales of Finished Goods = Closing Stock (For
Manufacturing Company) and also Value of Semi Finished
Goods to be included

Value of Stock to be valued at Market price or Actual cost
whichever is less

What do you mean by Rollforward and open item in Accounts Reconciliation?

1 Answers  

---

how to create salary and pf statement in excel sheet?

0 Answers  

---

Distinguish between capital expenditure & revenue expenditure

2 Answers  

---

Accounting for vc money in financials

0 Answers  

---

which are the final entries while closing of books and account at the end of financial year ?

1 Answers  

---

What is general entry credit purchase with discount?

9 Answers   Intelent,

---

You are a senior level manager in a large company: • List and explain the types of accounting information that are important to you and your staff when making decisions. • Explain how your managerial accountant uses technology to develop and communicate this information throughout your large company.

1 Answers  

---

A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?

0 Answers   SEIL,

---

what is mean FOB?

4 Answers  

---

what is the tally accounting.

1 Answers   Park Controls Communication,

---

What do you mean about TDS And Sale tax retrun

1 Answers  

---

What we have to post entry for payroll processing ? (Indian payroll)

0 Answers   Tally Solutions,

---