closing stock

a business's remaining stock at the end of an accounting period. It includes finished products, raw materials, or work in progress and is deducted from the period's costs in the balance sheets.


At the end of the month the closing stock was 10 per cent higher than at the end of the previous month.

Browse by Subjects
opening stock
unadjusted trial balance
See All Related Terms »

carriage inwards
cash flow (CF)
foreign company
cup with handle pattern
draw up