is we should taken the cl or op. stock in trail balance

Question Posted / jitenderbhatia

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is we should taken the cl or op. stock in trail balance..

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

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is we should taken the cl or op. stock in trail balance..

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.

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