distinguish between opening stock and closing stock
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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. Closing stock is the value of goods unsold at the end of the accounting period......
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distinguish between opening stock and closing stock
Opening stock is the value of goods available for sale in the beginning of an accounting period. ... 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 progress , and finished goods inventory .
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