how do you calculates closing stock in Trading A/c

Answer Posted / dharmendra.ch(mncherial)

to calculate closing stock fallowing step will be done
closing stock= opening stock +(purches-purchage return)
+direct expence(ex: wageslighting etc..)- net sales

Is This Answer Correct ?    26 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the role oF Jr Financial Analyst ? And what are the General Questions Asked for this Profile For freshers ?

1429


how to download online - old ECR CHALLANS

4403


Short Answer on _____________Intangible Assets

1599


What is specific reserve

2008


You have joined company yesterday then you are Appling B1 visa today. why so urgent.

1690






What is discounting accounting and why depriciation of assets are mention in dicounting accounting?

1609


What is back value adjustment/correction in Nostro Reconciliations?

7165


WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?

1658


What is Home Loan Modification?

1708


what is corporate accounting?

1552


describe the most complex challenge that you have faced and how you managed it

1773


what is the use of accounting standards

1451


With a 600 credit score, how to improve my credit rating score?

1419


hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc

1589


differences between liabilities and assessts

3405