The amount of raw materials that are left unsold at the end of the accounting period will be treated as the closing stock. The value of the closing stock is calculated based on the difference between cost price and its resalable value. In the final statement, the closing stock will be put in the trial balance sheet where the value of the closing stock will be added as credit or debit based on the resale value of the goods. Closing stock will come under the asset part of the balance sheet as the goods still have monetary value at the end of the accounting period.