Interested to Buy Any Domain ? << Click Here >> for more details...
is we should taken the cl or op. stock in trail balance
- 2 Answers
- 5042 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / roshan
we should take opening balance in trial balance and we get
closing balance in adjustment.
last year closing balance is current year opening balance
| Is This Answer Correct ? | 13 Yes | 1 No |
Answer / s
YES,ex.(01-04-2008 to 31-3-2009) THIS F. Y. OPE.STOCK &
also this F.Y. CL.STOCK WE SHOULD TAKEN IN TRAIL BAL.
| Is This Answer Correct ? | 0 Yes | 0 No |
what is the difference b/w gain and profit?
6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
please tell me the 'R2R' interview questions and answers ?
1 Answers Accenture, Dr Reddys,
what is entry for salary paid in advance ?
describe any accounting process that you have developed or revised
Is purchase itself a direct expense?
Mention why some asset accounts have a credit balance?
what is journal entry for outstanding bills payables?
how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE
what is miscellaneous expenditure??
How to treat TDS on salary in book of Accounts?
What is the difference between perpetual & periodic inventory system?
Audit 
