Gurushala

Nikku

Posted 4 year ago

Nikku

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In order to find out the value of the closing stock during the end of the financial year we,

A) do this by stocktaking

B) deduct the cost of goods sold from sales

C) deduct opening stock from the cost of goods sold

D) look in the stock account

2 Answer(s)

Seema Kumari

Posted 4 year ago Seema Kumari

C) deduct opening stock from the cost of goods sold

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Patil P S

Posted 4 year ago Patil P S

C) deduct opening stock from the cost of goods sold

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<span style="font-size: 11pt; font-family: 'Times New Roman';" data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;n order to find out the value of the closing stock during the end of the financial year we,\r\n\r\nA) do this by stocktaking\r\n\r\nB) deduct the cost of goods sold from sales\r\n\r\nC) deduct opening stock from the cost of goods sold\r\n\r\nD) look in the stock account&quot;}" data-sheets-userformat="{&quot;2&quot;:13309,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:1},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:1},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:1},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:1},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;9&quot;:0,&quot;10&quot;:1,&quot;11&quot;:0,&quot;12&quot;:0,&quot;15&quot;:&quot;Times New Roman&quot;,&quot;16&quot;:11}">I<span style="font-size: 11pt; font-family: 'Times New Roman';" data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;n order to find out the value of the closing stock during the end of the financial year we,\r\n\r\nA) do this by stocktaking\r\n\r\nB) deduct the cost of goods sold from sales\r\n\r\nC) deduct opening stock from the cost of goods sold\r\n\r\nD) look in the stock account&quot;}" data-sheets-userformat="{&quot;2&quot;:13309,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:1},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:1},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:1},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:1},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;9&quot;:0,&quot;10&quot;:1,&quot;11&quot;:0,&quot;12&quot;:0,&quot;15&quot;:&quot;Times New Roman&quot;,&quot;16&quot;:11}">n order to find out the value of the closing stock during the end of the financial year we, A) do this by stocktaking B) deduct the cost of goods sold from sales C) deduct opening stock from the cost of goods sold D) look in the stock account
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