distinguish between opening stock and closing stock
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distinguish between opening stock and closing stock
distinguish between opening stock and closing stock
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Explanation:
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-process, and finished goods inventory. ... The opening stock for the next reporting period is the same as the closing stock from the immediately preceding period
Answer:
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.
Explanation:
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