What does opening stock refer to in a trading a... - SS1 Accounting Terminologies Used In Trading Account Question
What does opening stock refer to in a trading account?
A
The value of inventory held at the beginning of a trading period
B
The value of inventory held at the end of a trading period
C
The total amount spent on purchasing inventory during a trading period
D
The total amount received from selling inventory during a trading period
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Correct Option: A
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