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 do you calculate closing stock? Which important steps do
you take while valuation of closing stock.

Answer Posted / dilip

closing stock =opening stock + purchases + factory
expenses - sales

Is This Answer Correct ?    7 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to geting finished goods cost with included it's all BOM and all production order cost in sap?

1876


What is the difference in accounting and marketing?

1098


IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?

2212


What are the advantages of double entry system?

1164


explain the relevance of closing stock account in trading a/c when preparing the gross profit?

2550


Is it compulsary to give TOEFL for applying US visa.

2145


Tell me how can you explain the basic accounting equation?

1120


A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?

2160


What is the difference between General Ledger and Ledger?

1522


what is account reconcillation

2191


What is the rate of penalty charged when the given Vat Cheque dishonoured?

2557


what role did you play in collections?

1280


What have you read in the newspapers in the last few days that particularly interested you?

1073


Under the accrual basis of accounting, when revenues are reported in the accounting period?

1016


A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.

2047