Interested to Buy Any Domain ? << Click Here >> for more details...
How to calculate the closing stock value ?
- 16 Answers
- 96214 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ravi
closing stock = ( opening stock + purchse ( all type relate mfg )+freight on purchase + mfg exp /cost of mfg +sales return )- (sales + purchase rtn )
| Is This Answer Correct ? | 2 Yes | 2 No |
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
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / parmar hetal
Me ye formula use karti hu to bar bar wahi ek hi closing balance aa raha hai..
| Is This Answer Correct ? | 0 Yes | 0 No |
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
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / faizul hasan
opening stock+Purchase-sales= closing stock
| Is This Answer Correct ? | 12 Yes | 18 No |
i want more question for account for infoys inteview please send me fast
what is the meaning of Journal Ledger?
Please anybody explain me debit note & credit note & their importance in accounts?
kindly given the example of contingent liabilities.
Distinguish between sale and consignment
what is status report? and flow report?
What are direct and indirect expenses
EXPAND______________PSV
What is life ?
What is put option, call option, mutual fund?
What elements of your job do you find most difficult
expand I T C
Audit 
