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...


how to calculate closing stock...? include direct exp or not... 

Answers were Sorted based on User's Feedback



how to calculate closing stock...? include direct exp or not... ..

Answer / prashant

closing stock= sales-( opening stock+purchases)

Is This Answer Correct ?    3 Yes 0 No

how to calculate closing stock...? include direct exp or not... ..

Answer / atul kumar singh

Closing Stock= (Opening stock+Purchase+sales) -returns-sales + loss of goods

Is This Answer Correct ?    0 Yes 2 No

Post New Answer

More Accounting General Interview Questions

I have deducted Notice pay Rs. 5000/- in which account to be booked the same enty, what is the head for notice pay in profit and loss a/c.

0 Answers  


A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500

0 Answers  


If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details

0 Answers  


difference between Reserve capital and capital reserve

6 Answers   Capital IQ, VPT,


withdrew cash for domestic use ?

1 Answers  


What is the provision?

0 Answers  


What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.

0 Answers   Kiwi Foods,


what is equity share

3 Answers   Reliance,


How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

0 Answers  


whats the sales tax slab and company's turnover professional tax slab

0 Answers  


When goods are returned, how about the Tax collected on them.? The Buyer or the seller who will bear that /

2 Answers   Convergys,


What are the different accounting entries generated in PP cycle.

4 Answers   Pharma, TCS,


Categories