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what effect closing balance and there effected ?
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Answer / varun
closing stock effect on the revenue profit and loss
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Answer / ashok kumar
closing balance is shown profit &looses ,and there effect
not able to this
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After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?
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4 Answers State Bank Of India SBI,
Why don,t show the Closing stock in Trial Balance.
Audit 
