Which one of the following is CORRECT about closing stock-12725
Which one of the following is CORRECT about closing stock?
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Final Term - Quiz No.1.
Which one of the following is CORRECT about closing stock?
It appears in the asset side of the balance sheet
it decrease the value of cost of goods sold
It becomes the opening stock of the next year
All of the above