plz help.

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wendyl
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#1
Report Thread starter 18 years ago
#1
does anybody doing accounts no how to work out avco??im really stuck
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Juwel
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#2
Report 18 years ago
#2
AVCO, is that average cost? And of what exactly?
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wendyl
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#3
Report Thread starter 18 years ago
#3
(Original post by ZJuwelH)
AVCO, is that average cost? And of what exactly?
yea its average cost.used when you valuate stock??
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wendyl
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#4
Report Thread starter 18 years ago
#4
just need to no how you calculate it??
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Juwel
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#5
Report 18 years ago
#5
(Original post by wendyl)
just need to no how you calculate it??
(Opening stock+closing stock)/2

How's that?
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wendyl
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#6
Report Thread starter 18 years ago
#6
(Original post by ZJuwelH)
(Opening stock+closing stock)/2

How's that?
thats what i thought but it dont work
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Juwel
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#7
Report 18 years ago
#7
(Original post by wendyl)
thats what i thought but it dont work
Why not, what's your figures?

You'd better PM me if you need the help, I'm off for a couple of hours.
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