Answer / ravi

closing stock = ( opening stock + purchse ( all type relate mfg )+freight on purchase + mfg exp /cost of mfg +sales return )- (sales + purchase rtn )

Answer / sesha giri rao

if it is Raw material
Ope Balnce + Purchase- material issue to production= closing raw material

if it is finished goods
Ope balance + productiop - sales = closing finished goods.

in this closing balance =
we can apply 1. FIFO 2.LIFO 3.WEIGHTED AVERAGE METHOM

Answer / parmar hetal

Me ye formula use karti hu to bar bar wahi ek hi closing balance aa raha hai..

Answer / amit kumar tiwari

*Closing stock = opening stock purchase direct expenses gross profit - sales other income(bad debts)

*Cost of goods sold = opening stock total purchase direct expenses - closing stock

*Gross profit = total sales - cost of goods sold

Answer / :p

ppp

Answer / faizul hasan

opening stock+Purchase-sales= closing stock

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