How do you calculate closing stock? Which important steps do
you take while valuation of closing stock.
- 4 Answers
- 6812 Views
- Jordan, TATA, I also Faced
- E-Mail Answers
Answer Posted / dilip
closing stock =opening stock + purchases + factory
expenses - sales
| Is This Answer Correct ? | 7 Yes | 6 No |
Post New Answer View All Answers
dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?
What are the characteristic features of financial accounting?
What is the objective of the balance sheet?
Financial Accounting
what are the voucher entries in tally for medical insurance
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
What are the nine accounting cycles?
CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT
I purchase a material with vat@4% and want to sale it to a bihar cliet.what will be charged as cst.Narrate me as brakewise.It is very urgent to mine.
What is Provision Entry
purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law
what is the deference between depreciation explanation
Are there any questions you would like to ask?
Tell me what is an over accrual?
What is the difference between consigner and consignee?
