Opening Stock

This query is : Resolved 

01 February 2009 Dear sir

Please give knowladge for opending stock is assets / exp

if expences please give reason


for imporve me knowladge

please give reply

its very urgent


Deepak Gagrani


01 February 2009 Opeing stock is asset.

Since it has realisable value it is treated as asset.

02 February 2009 Yes, it is an asset as it carries value.

02 February 2009 Dear sir

first i give thank for give your valuable time for my Que


but material purchase in current year ( current assets ) but C/F in next year

that the time ? ---------------called


please give reply


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