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can u tell me what is the process of calculating closing
stock?
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Answer / sayali shirke
Opening Stock + Purchase - Sales = Closing Stock
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Answer / job george
PHYSICALLY WE SHOULD VERIFY THE CLOSING STOCK AND SHOULD APPLY MARKET PRICE OR COST PRICE WHICHEVER IS LESS
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / deepak thapa
Opening stock+purchase+All direct expenses-sales+sales return(+gross profit-gross loss)
| Is This Answer Correct ? | 1 Yes | 0 No |
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