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Opening stock

Financial Management

Why didn't we mention opening stock in b/s?, of illus 2...if we mention then cogs will change right? Im confused... When should i show opening balance Video Details ------------- Financial Management Financial Analysis & Planning - Ratio Analysis #13. Illustration 2: Alpha Ltd

07- Issac Jolly-XII C

CA Inter

★ 16K+

03-Dec-24 18:09

241

Answers (1)

IN this question they asked us to compute closing restructured balance sheet IF cogs can be directly found out why will you bother about opening stock data that is provided Also abridged balance sheet here obviously refers to opening Closing stock has to be found based on ratios provided.

Sriram Somayajula

Admin

03-Dec-24 19:19

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