increase / decrease in stock (Accounts)
This query is : Resolved
23 June 2010
What is increase / decrease in stock? How to calculate and interpret it by looking at P&L and Balance sheet?
23 June 2010
this is the difference between opening stock and closing stock, you need to take difference whether the increse or decrease
23 June 2010
Thanks! So calculation will be Opening -Closing Stock or Vice versa.
If Opening - Closing is +ve, then how do we adjust it and if Opening - Closing is -ve, how do we adjust it and interpret them
If Opening - Closing is +ve, then how do we adjust it and if Opening - Closing is -ve, how do we adjust it and interpret them
23 June 2010
Opening - Closing = Negative you need show in the credit side since the clsoing stock increased
Opening - Closing = Positive you need show in the Debit side since the clsoing stock decreased
Opening - Closing = Positive you need show in the Debit side since the clsoing stock decreased
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