How to calculate (increase)/decrease in stock
This query is : Resolved
21 July 2011
Hello,
I would like to know the calculation of (increase)/decrease in stock which is part of Income Statement and how it gets determined.
Provide me hypothetical example for the same please.
Thanks,
Prashant
I would like to know the calculation of (increase)/decrease in stock which is part of Income Statement and how it gets determined.
Provide me hypothetical example for the same please.
Thanks,
Prashant
21 July 2011
Increase(decrease) in Stock is nothing but the difference of Opening & Closing Stock.
Closing Stock - Opening Stock =Increase (if positive)/Decrease (if Negative)
Closing Stock - Opening Stock =Increase (if positive)/Decrease (if Negative)
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