Interested to Buy Any Domain ? << Click Here >> for more details...
how we do calculate of closing stock for company. what is the process of
calculation of closing stock.
- 2 Answers
- 6428 Views
- NSL, I also Faced
- E-Mail Answers
Answer Posted / manojs
inventory is calculated at the lower of cost or net
realisable value
process:fifo assumes goods bought first are sold
first. so after your sale the remaining goods are closing
inventory
2.lifo assumes the latest goods are sold first and
remaining would be your closing stock
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
Tell me deferred taxation is a part of which equity?
how to prepare for accontant examinations
how will you adjust voluntary seperation payment in cash flow statement
Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?
When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?
How to get C forms in online? Plz give me Processor Thanq
what is the difference b/w gain and profit?
Explain me fair value accounting?
Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me
What is the Corporate Tax, Minimum Alternate Tax, Professional Tax, Business Tax Describe Me
In accounting, vat abbreviates what?
HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?
Tell me entries to revenues accounts such as service revenues are usually?
