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can u tell me what is the process of calculating closing
stock?

Answers were Sorted based on User's Feedback



can u tell me what is the process of calculating closing stock?..

Answer / sayali shirke

Opening Stock + Purchase - Sales = Closing Stock

Is This Answer Correct ?    4 Yes 0 No

can u tell me what is the process of calculating closing stock?..

Answer / job george

PHYSICALLY WE SHOULD VERIFY THE CLOSING STOCK AND SHOULD APPLY MARKET PRICE OR COST PRICE WHICHEVER IS LESS

Is This Answer Correct ?    3 Yes 0 No

can u tell me what is the process of calculating closing stock?..

Answer / deepak thapa

Opening stock+purchase+All direct expenses-sales+sales return(+gross profit-gross loss)

Is This Answer Correct ?    1 Yes 0 No

can u tell me what is the process of calculating closing stock?..

Answer / shivametpelly

You guys forgot to mention AS2

Is This Answer Correct ?    0 Yes 0 No

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