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Which is the adjustment
which is not a part of
Trial balance but a
part of Balance sheet ?
- 9 Answers
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Answer / h.r. sreepada bhagi
Closing Stock - For which no entry is passed in the books to
give double entry (Debit-Credit) effect.
Depreciation entry is passed in the books & will appear in
the Trial Balance also.
Ans. at#1 above is correct.
| Is This Answer Correct ? | 26 Yes | 0 No |
Answer / qaiser
closing stock doesnot appear in the Trial balance but the
same appears in the balance sheet
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / pushpendra agrawal
closing stock is part of balance sheet but this is not a
part of trail balance.
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / kavya
1. adjustment is that which we duduct are add value
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / md asif ali
closing stock is the part of the balance sheet use to
make as adjustment. exp:closing stock showed in credit side
of the trading a/c and also asset side of the balance sheet
(for the adjustment)
Trial balance: closing stock in trial balance just posted
(if given) but its no the part of the adjustment
| Is This Answer Correct ? | 0 Yes | 4 No |
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