how do you calculates closing stock in Trading A/c

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how do you calculates closing stock in Trading A/c..

Answer / dharmendra.ch(mncherial)

to calculate closing stock fallowing step will be done
closing stock= opening stock +(purches-purchage return)
+direct expence(ex: wageslighting etc..)- net sales

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26 Yes

4 No

how do you calculates closing stock in Trading A/c..

Answer / dillip kumar dash

For Closing Stock we have to add Opening Stock in Purchased
Stock and then substract the Sales and damages. i.e.

Opening Stock + Purchases - Sales - Damages** = Closing Stock

**(in some case the damege wont come and adjust in Profit
and Loss Account and in some case it wont come into Account.
It will very by nature of business to business)

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11 Yes

5 No

how do you calculates closing stock in Trading A/c..

Answer / parthiban

opening stock+(purchase-returns)-net sales = closing stock

Is This Answer Correct ?

3 Yes

2 No

how do you calculates closing stock in Trading A/c..

Answer / ankur singh

opening stock +purchase -purchase return+direct exp.(direct exp are those exp which we are paying at the time of purchase of row material.like wages,coal&fuel carriage inward etc).-sales -sales return=closing stock

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