How do u calculate closing stock in training account?

Answers were Sorted based on User's Feedback



How do u calculate closing stock in training account?..

Answer / cheriyan chirapurath george

opening stock + purchase - sales = closing stock

Is This Answer Correct ?    21 Yes 0 No

How do u calculate closing stock in training account?..

Answer / varma

Opening Stock+purchases-purchase Returns-sales+Sales
Returns = Closing Stock.

Is This Answer Correct ?    6 Yes 0 No

How do u calculate closing stock in training account?..

Answer / shweta

COGS- OPENING STOCK - PURCHASES = CLOSING STOCK

Is This Answer Correct ?    6 Yes 2 No

How do u calculate closing stock in training account?..

Answer / ravindra

op stock + purchases + direct expps + manufacturing exps -
sales =closing stock

closing stock is the stock which remains as stock at the
end of the financial year

the closing stock of this year becomes a opening stock of
next year

Is This Answer Correct ?    0 Yes 0 No

How do u calculate closing stock in training account?..

Answer / bandaru ramesh

Opening stock + Purchase - closing stock = closing stock

Is This Answer Correct ?    0 Yes 4 No

How do u calculate closing stock in training account?..

Answer / roshan

op stock-purchase=cl stock

Is This Answer Correct ?    0 Yes 7 No

Post New Answer

More Accounting General Interview Questions

what is the accouniting

3 Answers   Cognizant,


WE have paid two month Advance salary on dated 03 June 2010. What will be journal entry inthe month of june for advance payment. And what will be journal entry in the month of july and August for salary adjustment.

5 Answers  


what is mutual funds best way to answer?

3 Answers   Genpact,


Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 You are required to calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

1 Answers  


Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss

0 Answers  






if my salary is 12000 per month how much i will get after deducting PF an ESI

0 Answers  


cost of normal waste of material under contact costing is debit to : 1)contract a/c 2) trading a/c 3) matrial a/c 4) profit and loss a/c

2 Answers  


difference b/w trading a/c & manufaturing a/c.

3 Answers  


how to treat outstanding salaries in accounts statements, how it is shown in receipts & payments account, income & expenditure account & balance sheet

1 Answers  


Where I can Found Cost Reduction Techniques Implemented by Various cement Companies

0 Answers   Construction,


we have worng credit in Rs.10000 in bank a/c on 31/03/201 so Please give your idea in matter . what entry made in book of accounts.

6 Answers  


what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement

0 Answers   Genpact,


Categories