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Example of closing stock 30/06/2008
Stock at June 2008 Narration code DEBIT CREDIT Account no. Opening stock 1/07/2007 18.00 8,000.00 b/sheet opening stock 400.00 8,00.00 Closing stock 30/06/08 19.00 10,000.00 b/s closing stock 400.00 10,000.00 Being $ 8,000 OPENING STOCK AND $10,000 CLOSING STOCK. |
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