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Closing stock

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 July 2013 SIR,

WHAT IS THE CLOSING ENTRY FOR CLOSING STOCK?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
20 July 2013 THERE IS NO CLOSING STOCK ENTRY SEP PASSED...FINISHED GOODS WHICH ARE NOT SOLD ARE CLOSING STOCK.

IT MAY BE RAW MATERIALS ALSO IF NOT USED ON LAST DATE OR I MAY BE WORK IN PROGRESS ALSO.
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