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how to calculate ratio of closing stock?
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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 |
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can u tell me what is the process of calculating closing stock?
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