Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   What is the equation for the closing stock (https://www.askmehelpdesk.com/showthread.php?t=346174)

  • Apr 26, 2009, 06:05 AM
    ateefmuallim
    what is the equation for the closing stock
    what is the equation for the closing stock
  • Jan 10, 2010, 01:13 AM
    ghano

    Opening stock + net purchase - net sales
  • Jan 10, 2010, 04:56 PM
    morgaine300

    The post is 9 months old. And your answer is incorrect. Sales are at RETAIL. Inventory is at COST. You can't do things with inventory at retail prices.

    • All times are GMT -7. The time now is 02:18 AM.