1.) What is opening stock minus Closing stock?? Does it mean anything or do we get any value?
Ans. Closing Stock (Quantity as well as in Amount) of 31 July 2013 is Opening stock of 1 Auguest 2013
Opening Stock of 1 Auguest 2013 - Closing Stock of 1 Auguest 2013 = Receipt Stock of of 1 Auguest 2013 - Issue Stock of 1 Auguest 2013
Regards,
Sushant