how do you calculates closing stock in Trading A/c

Answer Posted / parthiban

opening stock+(purchase-returns)-net sales = closing stock

Is This Answer Correct ?    3 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Define `Realisation` Account? Explain the salient features?

2511


what is account & what is finance

1727


Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex

1698


How you implemented a chargeback system?

1770


what are the models of valuation of the company

1524






If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???

1680


in a every intervew asking one common question why you are living current employer, which is the best answer

2526


Explain about Fluctuating Capital

2123


What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?

1324


if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?

1398


deffered tax treatment in financial statements

1675


What is the relationship between, issued share capital, share premium and paid up capital?

1865


hi.this krishan .i m slect in axis bank for executive. when i sposse to join

1896


Why we reconcile our debtors? what steps we taken during reconciliation.

1570


Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1440