where should the closing stock amt will effect in p & l &
in b/s
Answer Posted / pradeep
closing stock amount will effect in Trading account Not
P&L .and also assets side of balance sheet .
Is This Answer Correct ? | 9 Yes | 2 No |
Post New Answer View All Answers
Other accounting interview questions to expect when you interview for an accountancy job include:
What is the master account?
What are trade bills?
Explain what is gaap?
Can it be possible to transfer FCRA funds to an ngo who don't have FCRA registration no.
what is the relationship between cost accounting financial accounting and managerial accounting?
What is the difference between lc and bg(letter of credit
Explain what knowledge should financial accountant have?
How much statistics knowledge is necessary or required in accounting?
Tell me which accounting application you prefer most and why?
when dissoluction of firm why investment flchuationfund subtrect from book value
salary payable deduct tds entry
Do you think accounting standards are mandatory and why?
What is project implementation?
What are the different types of gst?