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How is average Inventory computed? - Accounts

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प्रश्न

How is average Inventory computed?

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उत्तर

Average Inventory is computed to find the mean value of stock held during a given period. It is calculated as:

`"Average Inventory"="Opening Inventory + Closing Inventory"/2`

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पाठ 15: Project Work - PROJECT WORK PROBLEMS [पृष्ठ P-62]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 15 Project Work
PROJECT WORK PROBLEMS | Q 9. | पृष्ठ P-62
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