Question

stock of goods at end of accounting year​

Answer 1

Explanation:

Goods that remain unsold at the end of an accounting period are known as closing stock. They are valued at the end of an accounting year and shown on the credit side of a trading account and the asset side of a balance sheet. Accounting and journal entry for closing stock is posted at the end of an accounting year.

Answer 2

Answer:

Closing stock

Explanation:

Stock of goods in hand at the end of year is known as closing stock

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