Business Studies, asked by monu941, 1 year ago

closing stock is valued at

Answers

Answered by Srujal2205
5
Closing stock is valued at ?
Your explanation
Closing stock is the amount of inventory that a business still has on hand at the end of a reporting period. This includes raw materials, work-in-process, and finished goods inventory. The amount of closing stock can be ascertained with a physical count of the inventory
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