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Answer in one sentence only. State the formula of Average Stock? - Book Keeping and Accountancy

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Question

Answer in one sentence only.

State the formula of Average Stock?

One Line Answer
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Solution

Average stock =` "Opening stock of goods + Closing stock of goods"/ 2`

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Chapter 9: Analysis of Financial Statements - Exercise 9.1 (Objective Questions) [Page 376]

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Balbharati Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
Chapter 9 Analysis of Financial Statements
Exercise 9.1 (Objective Questions) | Q C. 10. | Page 376
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