can u tell me what is the process of calculating closing stock?

4 Answers  

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what is meant by spin-off

2 Answers   Genpact,

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What is Tax Groups

1 Answers   Accenture,

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What is royalty reserve?

0 Answers   Hero Honda,

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Pass journal entries Purchased goods from mr x on credit 1000

22 Answers  

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Why does the accounting equation have to balance?

0 Answers  

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The following are the transactions with respect to goods traded by Gopal- i) Purchased goods worth Rs.50,000 on 1-1-2005 for cash ii) Sold goods costing Rs.20,000 for Rs.30,000 on cash iii) Bought goods Rs.45,000 from Suresh & Co on credit iv) Paid Rs.30,000 to Suresh who gave us a discount of Rs1,000 v) Sold goods Rs.23,000 but their cost is Rs.12,000 for cash vi) Sold goods to Gangadhar for Rs12,000 on credit,(cost Rs 9000) vii) Received cash from Gangadhar Rs.11,500 in full settlement. viii) Paid carriage charges on the goods purchased Rs.2,000. Find out the closing stock as on 31 -1-2005. Also, find how much is still due to Suresh?

14 Answers   ICA,

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What is BRS? Why BRS?

1 Answers  

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A computer purchased for the use of Branch & payment would be made by company. What would be the entry in the books of Branch ?

1 Answers  

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what are the direct expense of loan department in banks.

0 Answers   MagicBricks,

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what is the provisional of salary?

3 Answers   AgriGold,

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Explain the process of withhold tax invoice

0 Answers   Accenture,

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