Question

1 point Q.4) Difference between closing stock and opening stock during an accounting year as known as: O Increase in stock O change in stock O decrease in stock none of these​

Answer 1

• The unsold goods in the beginning of the accounting period is called opening stock,

• whereas the unsold goods at the end of the accounting period is called closing stock.

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Answer 2

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• Opening Stock is the amount and value of materials that use at the beginning of an accounting period by a company when available for sale

• The closing stock are from the immediately preceding period.

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• So none of these is correct option or answer

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