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1)Why closing stock or stock always a positive balance is any reason for?

2)if i am working in IT company what is my Accrual?

Question Posted / pallavi pahurkar


1)Why closing stock or stock always a positive balance is any reason for? 2)if i am working in IT..

Answer / rajahalder

1. closing stock is currentassets tangible type. So it has physical existence, so it can be finished but can't be negative. 

2. Sorry I can't get you.

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