Calculation of closing Stock give example?

Answer Posted / subhadip

Closing Stock=Cost of good sold-sales

Is This Answer Correct ?    10 Yes 27 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the rate of penalty charged when the given Vat Cheque dishonoured?

2008


HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.

1539


Tell us do you possess any knowledge about accounting standards?

647


Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.

2049


Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me

1264






Explain how you can adjust entries into account?

661


What are the different fields of accounting?

639


BRIEF IN DETAIL REGARDING RATIOS

1499


what is core accounting?

1859


what is contribution? how does it help in taking managerial decisions?

1571


Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax

1460


At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.

1847


When their is one pick point and four unloading places with in same district their is need to write four number of way biils

1393


paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.

1243


What Is Responsibility Accounting?

738