How to calculate the closing stock value ?

Answer Posted / bibs

CLOSING STOCK=OPENING STOCK + PURCHASE + DIRECT EXPENSES + GROSS PROFIT - SALES

Is This Answer Correct ?    36 Yes 17 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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

1900


Examples of automatic generated content material of car logbook loans?

1332


How can someone prepared for Syndicate Bank Interviw? Do interviewer going to ask any aptitude questions or will it be similar to other PO Interviews? Answers solicited..

1528


If income and expense both are equal then what it depicts

1526


HOW TO MAINTAIN BANK A/C

1628






How many types we are received funds in business purpose

1936


Telly ERP9 is perfect accounting softwear in excise unit.

3305


are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?

1991


Meaning of portfolio management?

1614


what is portfolio Saint?

1504


What is compensation theorem?

2500


Define `Realisation` Account? Explain the salient features?

2545


explain Dual entry concept

1506


please send me last 3 years question & solution

1574


What elements of your job do you find most difficult

5203