Closing stock is also known as
-
stock at close
- balance brought forward
- opening inventory
- stock at beginning
The correct answer is: A
Explanation
Closing stock refers to the value of inventory or goods that are still available for sale at the end of an accounting period. It represents the stock that remains unsold and is carried forward to the next accounting period. The term "closing stock" is used because it is the final inventory balance recorded at the close or end of the period.