Question

distinguish between opening stock and closing stock​

Answer 1

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 opening stock for the next reporting period is the same as the closing stock from the immediately preceding period

Answer 2

Answer:

Closing stock is the amount of inventory that a business still has on hand at the end of a reporting period .

opening stock is the value of goods available for sale in the beginning of an accounting period.

Explanation:

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