![Introduction to bookkeeping and accounting: 3.5 Accounting for closing stock - OpenLearn - Open University Introduction to bookkeeping and accounting: 3.5 Accounting for closing stock - OpenLearn - Open University](https://www.open.edu/openlearn/pluginfile.php/459032/mod_oucontent/oucontent/17896/788c0a8a/9c9cbe09/b190_01_s3_7_f01.tif.png)
Introduction to bookkeeping and accounting: 3.5 Accounting for closing stock - OpenLearn - Open University
![Opening capital Rs 10,000, Profit during the year Rs 5,000, Drawings Rs 2,000 , Additional Capital introduced Rs 1,000. Determine the amount of closing stock? Opening capital Rs 10,000, Profit during the year Rs 5,000, Drawings Rs 2,000 , Additional Capital introduced Rs 1,000. Determine the amount of closing stock?](https://dwes9vv9u0550.cloudfront.net/images/1819096/a3a9a0a3-6922-4c44-bdde-3f5cc301449d.jpg)
Opening capital Rs 10,000, Profit during the year Rs 5,000, Drawings Rs 2,000 , Additional Capital introduced Rs 1,000. Determine the amount of closing stock?
![Cost of Goods Sold Journal Entry | How to Record Cost of Good Sold - Video & Lesson Transcript | Study.com Cost of Goods Sold Journal Entry | How to Record Cost of Good Sold - Video & Lesson Transcript | Study.com](https://study.com/cimages/videopreview/videopreview-full/i0xsg6gmzq.jpg)