how to calculate ratio of closing stock?
- 6 Answers
- 17264 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / aarchi
Closing Stock /sales*100
this formula is useful for calculating ratio of stock
against sales. & If we hv to knw the quantity & value of
closing stock then we can use this method
Closing Stock = Oppening Stock + Purchase - Sales
| Is This Answer Correct ? | 14 Yes | 2 No |
Answer / monu aggarwal b.com accountant
we can calculate closing stock by the method given below!
Closing Stock = Oppening Stock + Purchase - Sales
| Is This Answer Correct ? | 15 Yes | 9 No |
Answer / balasubramaniyan a
OPENING STOCK + PURCHASE VALUE - SALES VALUE = CLOSING STOCK
| Is This Answer Correct ? | 1 Yes | 1 No |
What is BRS Adjustment entry?
what are the elements of the companay
which is the first bank established in india?
Difference between P/L a/c and Trading a/c
Explain what is liabilities and what all does include in current liabilities?
Productive Investment is Working Capital. Is it correct?
Golden Words Of Accounting?
What will be entry for that: Busines strarted with brrowed cash Rs. 25000 from Mr. X. if capital will be creadit. Why?
what are the charecteristics of cost accounting financial accounting managment accounting payroll accounting environmental accounting h r accounting forensic accounting inflation accounting?
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
What are mis reports and do you prepare it?
how to pass year ending entries for VAT treatment?
Audit 
