Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is Calculation of closing Stock?

Answers were Sorted based on User's Feedback



what is Calculation of closing Stock?..

Answer / pravin.kamble425@gmail.com

Closing Stock = Opening Stock + Purchases - sales + Sales
Return - Purchase return + WIP.

Is This Answer Correct ?    3 Yes 1 No

what is Calculation of closing Stock?..

Answer / ms. deepa dhurate

Op.Stock+Purchases-Pur.return-Sales+sales ret=Closing Stock

Is This Answer Correct ?    2 Yes 0 No

what is Calculation of closing Stock?..

Answer / manojs

closing stock=opening stock+purchases+direct exp-sales
or
closing stock=sales-gross profit


i told wrong for both of them because for sales we deduct
sales return and write as sales after that deducting

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Accounting AllOther Interview Questions

Journal entry for cheque issue but not yet realised.

11 Answers   Bajaj,


What is difference between cash & intraday in stock market?

1 Answers   ICICI,


What is "investment cash" compared with "current assets cash"?

2 Answers  


tell me something about urself?

23 Answers   Accenture, CMS, Cognizant, ICICI, Nipuna, TCS, Thomas Cook, Wipro,


Mac Purchased on 15th Jan 12000/- 30th June Machinery damaged due to Fire Accident 31st Dec received the Insurance Premium 13000/-. Pass the Journal Entry for all the above three

1 Answers   Dubai Group,


what is the difference between sap and sas?

0 Answers   Royal Bank Of Scotland,


Is sensex opens in morning with same points with which it was closed on eve of previous day or may its points change in night?

2 Answers  


Who invented Double entry system of Accounting and when

3 Answers  


why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?

0 Answers   Copal Partners, GE,


Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com

0 Answers  


what is mean by brs?

8 Answers   Gati,


why RBI cant print more currency?

2 Answers  


Categories