5 Replies
sree manjunatha
(26 Points)
Replied 19 October 2019
Unrealised profit = Closing stock × Gross profit
Aditi gaur
(9 Points)
Replied 19 October 2019
While calculating unrealised profit in closing stock we need to deduct opening stock from it. yes or no.
sree manjunatha
(26 Points)
Replied 19 October 2019
No
Unrealised profit = Closing stock × Gross profit
Unrealised profit = Closing stock × Gross profit
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