Financial statements
Daroh90
Registered Posts: 2
Hi there!
I was wondering how to calculate the closing inventory when the only information
you have are Opening inventory and purchases, so no COGS.
Should I assume that there is not closing inventory or can I calculate it?
Thank you in advance:)
I was wondering how to calculate the closing inventory when the only information
you have are Opening inventory and purchases, so no COGS.
Should I assume that there is not closing inventory or can I calculate it?
Thank you in advance:)
0
Comments
-
Is there any more info, like profit mark up or margins?0
-
No anything..0
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Then the closing balance would be equal to the opening balance0
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