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Any short Formula to calculate the Closing Stock?

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Question added by Murtaza Mukadam (Royal) , Senior Accountant Cum Office Administration Cum Manager , Deepak Advertising Agency & D Force Communication Pvt.Ltd.
Date Posted: 2015/05/14
Syed Waseem
by Syed Waseem , Accountant , Adel Electronics Centre

Closing Stock = Opening Stock + Purchases + Direct Expenses + Gross Profit - Sales

mehfooz alam khan habib khan
by mehfooz alam khan habib khan , Security Incharge , Landmark Group (Emax)

Closing stock= sales-purchases-opening stock-direct expenses-gp

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