When the entire output is sold in an accounting year, the value of output is equal to:
When the entire output is sold in an accounting year, the value of output is equal to:
(a) Sales + Change in stock
(b) Sales
(c) Sales – Change in Stock
(d) None of these
Anurag Pathak Changed status to publish December 13, 2023
Ans – (b)
Explanation:-
Value of Output = Sales + Change in Stock
When the entire output is sold in an accounting year, the value of change in the stock is zero
Change in Stock = ₹ 0
Thus,
Value of Output = Sales
Anurag Pathak Changed status to publish December 13, 2023
