How to calculat closing stock?
Answers were Sorted based on User's Feedback
Answer / vasudev karanth
opening stock+ purchase-sales= closeing stock
| Is This Answer Correct ? | 15 Yes | 1 No |
Answer / kishore berty
Opening Stock + Purchases - Purchase returns - Sales +
Sales returns = Closing Stock
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / vipan jamwal
opening stock + purchases + direct expenses + direct wages -
sales = closing stock
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / om prakash
there are two tipe of calculetion of clossing stock
1= marcket values
2= cost of production
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / rushi
opening stock purchases-purchase returns carriage inward-sales sales returns=closing stock
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / nayum
Opening Stock +Purchases-purchases returns - issues =
Closing stocks
| Is This Answer Correct ? | 5 Yes | 6 No |
Answer / vijay bhaskar reddy(vijji_tv@y
Mr.Damul, what is the difference between sales, and cost of
goods sold? Both are one and the same. ur equation is wrong.
Closing stock = Opening balance of stock + purchases -
purchase returns - sales + sales returns.
| Is This Answer Correct ? | 1 Yes | 3 No |
Hello, I am trying to record the journal entries for taking a loan and refinancing it into two new loans. How would I show the closing loan and the opening of two new loans? Thank you for your help!
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