CA Foundation doubt
Can anybody tell.. accounting equation for finding opening and closing stock?? Please
Asked by Aayesha16 Jul 2024595 views
3 answers
Madhu · 16 Jul 2024
Opening stock=raw material cost+ working in progress + completed product cost
Vicky · 16 Jul 2024
Closing stock = opening stock + Net Purchases + Direct expenses – Net sales
Madhu · 16 Jul 2024
Closing stock=opening stock+purchase - cost of goods sold
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