Question

difference Between closing stock and opening stock during an accounting year is known as​

Answer 1

Answer:

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.

Answer 2

Explanation:

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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