Calculation of closing Stock give example?
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Answer / nitin kumar
Opening Stock +Purchase- Sales = closing Stock
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / ronnie chowdhury
Closing stock = opening stock + purchase + g.p + expenses - sales - incomes
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / ashok choudhary nettra
opening stock+ purchases-purchase return -sale +sale return = closing stock
| Is This Answer Correct ? | 9 Yes | 6 No |
Answer / umang budhwani
Closing stock= (opening stock total purchase)-(cost of goods sold)
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / anmol sharma
opening stock +purchase-sales=closing stock
| Is This Answer Correct ? | 10 Yes | 8 No |
Answer / shiv kumar
First we have to calculate Cost of goods Sold.
Purchase=72
Opening Closing=49
Total Cost of Material=121
Now we have to calculate -cost of goods sold.
let us that cost of goods sold is 95
Now Closing stock= total cost of material less cost of goods sold.
121 less 95=26
Answer is 26 closing stock.
| Is This Answer Correct ? | 6 Yes | 4 No |
Answer / b.ganesh
(Opening stock+Purchase+sales return) - (sales-Purchase return) = closing stock.
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / rable
closing stock= opening stock+Direct expenses+purchase+Gross profit - sale account.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / agc
closing stock = opening stock + purchase+direct expenses+ gp- sales
| Is This Answer Correct ? | 2 Yes | 1 No |
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