Ask Experts Questions for FREE Help !
Ask
    UMANG PATEL's Avatar
    UMANG PATEL Posts: 3, Reputation: 1
    New Member
     
    #1

    Jul 10, 2009, 05:11 PM
    what's we say difference between opening ang closing stock
    in accounting what we say difference between opening and closing stock value
    shaheem's Avatar
    shaheem Posts: 5, Reputation: 1
    New Member
     
    #2

    Jul 14, 2009, 11:04 AM
    The difference between op. stock and cl. Stock is called stock movement.

    When it is added to/subtracted from the inventory purchased during the year, you will get the cost of sales.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Absorption Costing - Opening stock and closing stock query? [ 3 Answers ]

Hi guys, I have an absorption costing query on the profit statement, here are the notes: Selling price per unit = £20 Sales for year 1 = 10,000 Production = 20,000 Production Cost Per Unit = £10 YEAR ONE

Garage door not opening or closing and still hums [ 3 Answers ]

I have a Genie IS550 garage door opener and problem started with motorhead making a humming noise and door would not close or open. After reading a few resolutions in other blogs/forums, some people stated that it was either the transformer or the capacitor. I replaced both components and made...

Opening and Closing balance in access report. [ 3 Answers ]

I want access 2003 to generate the goods sold account report showing the opening and closing Balance. I have the issued qty. and sold qty. and the closing balance is an calculated value (issued qty. - sold qty.). Now, I want the report show the result as per my given starting date and show the...

Opening/closing stock adjustments [ 1 Answers ]

Hi I'm hoping someone can help me.. I've got a set of accounts for some coursework and as I'm trying to do this over the easter holiday I'm stuck and need someone to ask! I pretty much know what I'm doing except for this, In my trial balance I have stock at 1st jan, then later I have an...


View more questions Search