Closing Stock Inventory Adjustment
Don't you think
Closing Stock Inventory Adjustment would be like this.
How can we create a summery account.
Closing Stock Adjustment
Purchases(CR) 95000
Opening Merchandise Inv(CR) 45000
Purchases Ret(DR) 6500
CGS(DR) 98500
Closing Merchandise Inv(DR) 35000
Total 140000 140000
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