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The opening stock and closing stock are rs 33000and rs17000 respectively. What is the average stock?

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Question added by delli ganesh
Date Posted: 2017/11/14
Bilal Noor
by Bilal Noor , Senior Accountant , Ibrize Al Sharq

AVERAGE STOCK =  (OPENING STOCK+CLOSING STOCK/2)

  AVERAGE STOCK =                                33,000+17,000/2

AVERAGE STOCK =    25,000.00

Nazaf Najeeb Akkarakkaran
by Nazaf Najeeb Akkarakkaran , Accountant , Sky Gold & Diamonds

Average stock = (opening stock +Closing stock)/2

                     = (33000+17000)/2

                     =25000

MOHAMMED ABDUL TAUSIF ANSARI
by MOHAMMED ABDUL TAUSIF ANSARI , Sr accountant , Art fertility Clinics LLC

Opening Stock = 33,000

Closing Stock=    17,000

____________________

Opeing Stock / Closing Stock = Average Stock

33,000 / 17,000 = 25,000/-

 

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