if average inventories is 12000. closing stock is 3000 more than opening stock. then what's is the closing stock?
- 2 Answers
- 7633 Views
- I also Faced
- E-Mail Answers
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
Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?
I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T
fd redeem interest and principal entry in tally
what is the accounting conventions
How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?
1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?
What is SOX
How do you avoid loss situation
tell me about roll model as father
Expand------ARN
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
i want know how to calculate it in payroll please mail me the percentages using there ?
what is difference between venture capital financing and equity financing?
What do mean by Computerization of accounts
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
