Which one of the following is INCORRECT about closing Stock-13014
Which one of the following is INCORRECT 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.2.
Which one of the following is INCORRECT about closing Stock?
It is added into current assets
It is deducted from Material available for use
It becomes opening stock of next year
It reduces the resources of business