Accountancy, asked by nigoutamtoppo, 2 months ago

Closing stock is recorded at

Answers

Answered by shyamkisorshyamkisor
6

Answer:

Recording the Value

It is ascertained at the end of the accounting period by physical verification of stock and its valuation at cost or market price whichever is lower or through the inventory records that it maintains. By recording the journal entry, this value of Closing Stock is br

Answered by panditji28
0

Answer:

according to me closing stock is recorded at credit side by balance c/d

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