Find closing stock
This query is : Resolved
01 February 2016
dear sir,
please find out closing stoct if op.stoct 100000.00,
purchase- 50000.00
wages- 25000.00
Fuel exp- 5000.00
Sales- 75000.00
GP on sale-15%
please find out closing stoct if op.stoct 100000.00,
purchase- 50000.00
wages- 25000.00
Fuel exp- 5000.00
Sales- 75000.00
GP on sale-15%
05 February 2016
Closing stock=(op.stock+purchase+waes+fuelexp+Gross profit)-sales
=(100000+50000+25000+5000+11250)-75000
=116250
=(100000+50000+25000+5000+11250)-75000
=116250
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