CLOSING STOCK

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Calculation of Closing Stock as on 31st march . 

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Closing stock = opening stock+purchase-sales

Opening Stock                                             XXXX

Purchase                               XXXX

Less :- Purchase Return      XXXX             XXXX   

                                                                      XXXX

Sales                                     XXXX

Less:- Sales Return            XXXX                XXXX  

      Closing Stock                                        XXXX


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