Calculation of closing Stock give example?
Answer Posted / mani
What about tax???
I have opening stock of 72 lacs (average costing without
tax) and purchase of 49 lacs (with tax) and i did sales of
101 lacs (without tax). What is my closing stock then????
Should i add tax in closing stock?
Where all should tax be included and where all should tax
NOT be included?
Right now i calculated => 72+49-101 = 20 lacs. IS this correct?
Is This Answer Correct ? | 41 Yes | 19 No |
Post New Answer View All Answers
What is journalizing? What are the columns of a journal?
1.recivable and payble 2.pf,tds,esi
i am normally accountant. i am not a CA. then i learn a account maintain
Have you ever made mis reports and what are they?
What is full rate on plywood box in haryana sale tax:
The Horse bought rs. 2000 on Jan.20th died, its carcase was sold for rs.50 loss rs. 1950 what is journal enty
Do you know public accounting?
Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?
i want to know f form and how to use and how can purchase
Tell me what do you believe makes a successful account executive?
What is the general classification of accounts that usually ledger account involve?
{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?
Explain what are the accounting events that are frequently involved in compound entries?
we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.
Explain me by saying, perpetual or periodic inventory system; what do we mean?