Stock more than purchase

Sir, Can the closing stock be greater than Purchase in any situation having no opening stock.

Replies (3)

Typically no, but in special cases, Yes, like,

  1. When some goods/stock is returned from a buyer who had bought it in the previous year but the refund has not been given to him.
  2. If the stock is measured by its current market price, then the closing stock valuation could be greater than purchase in case of a price rise.
  3. When there is error in calculation of closing stock.
  4. When the stock is a biological quantity able to muliply itself.
  5. When the stock measured by weight, absorbs atmospheric moisture/water and its weight increases.

Thats all I could think of right now. Hope it helps. :)

Our is a construction firm.

There are no opening stocks.

/experts/stock-greater-than-purchase-1699519.asp#.U1JtW1WSz2Y

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details