increase / decrease in stock (Accounts)

This query is : Resolved

Buss (Querist)
Follow

23 June 2010 What is increase / decrease in stock? How to calculate and interpret it by looking at P&L and Balance sheet?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

23 June 2010 this is the difference between opening stock and closing stock, you need to take difference whether the increse or decrease

Buss

Buss (Querist)
Follow

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

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

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

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

RADHAKRISHNAN A R

ASHOK KUMAR TEKURU

giriswar

Credible HRM

atul kumar soni

Subscribe Now

increase / decrease in stock (Accounts)

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA