exess of closing stock over opening stock........????

harish .k (STUDING) (306 Points)

03 November 2010  

Hi to every one..

i have a query regarding , while going through single entry system , in a problem they given EXCESS OF CLOSING STOCK OVER OPEING STOCK IS  Rs 5000/-

Whatis the meaning of it ???

is it to take closing stock value as 10000/- and opening stock valueas 5000/- is it correct or wrong plz reply....

Thanks in advance