banner_ad

Stock valuation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 October 2012 if stock is maintain as per weighted method and op. Qty. of stock is 1500kgs & value is Rs.15,000/- (i.e. rs. 10 per kg)

and we sold 500kgs stock @ Rs. 12/kg then now we have 1000kgs.

i want to know what is the value of closing stock
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
28 October 2012 Continue with the same price level of 10 per kg. Need not be changed at the instance of SALE of some of the stock.
Profile Image

CA Lokesh Pokharna

Profile Image

CA Lokesh Pokharna (Expert)
28 October 2012 agree with amol.........
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details