if average inventories is 12000. closing stock is 3000 more than opening stock. then what's is the closing stock?

Answer Posted / nandana

Let opening inventory x.
Closing inventory is 3000+x
Average inventory=x+3000+x/2=12000
2x=21000
X=10500
So closing inventory=3000+10500=13500

Is This Answer Correct ?    50 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com

1903


Can u please give me example of bonds? is National savings certificate a Bond?

2461


why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

2046


How i pass the share holders capital entry in Tally? How to set this option in Tally?

3569


What is the Assets & Liabilities?

1895






Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?

1723


sort out the difference between service provider & service reciepient from the service tax.

1737


What is a Balance Sheet & Profit & Loss Account?

1586


What is account

1839


Depreciation method to using Indian company names

1680


The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed

1837


Expand-------------BRTS

1623


hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in

1680


Expand--------CMTS

2032


WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?

1703