While finalizing the current years accounts, the company realized that an error was made in the calculation of closing stock of the previous year. In the previous year, closing stock was valued more by 50,000. As a result

Faraz is a data-driven Cost Management Accountant who is buff of Commission’s related Knowledge, Accounting, Finance, English, and General Knowledge. Publishing MCQs is something that he holds high for sharing her expertise of which you can get the dividends here, through our site.