Question

What is the difference between closing stock and opening stock?​

Answer 1

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 .

Opening stock for the next accounting period is the same as the closing stock from the immediately preceding period....i hope it helps you .

Please follow me thanks ❤

Answer 2

Answer:

Closing Stock: Remaining quantity of particular things/material at the end time.

Opening stock: Available quantity of particular things/material during start time.