Interested to Buy Any Domain ? << Click Here >> for more details...
Which is the adjustment
which is not a part of
Trial balance but a
part of Balance sheet ?
- 9 Answers
- 14652 Views
- Genpact, HSBC, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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 |
what is cash to cash transaction in tally while entering contra voucher
i got a case study in which theie is a chemical company group which has 12 companies in all, few in Europe and few in USA, my question is should i have only 2 COA as per the standard like US GAAP and IFRS or should i have COA based on country location.
What would be the entry at the time of Generating Tution Fee Challan for Advance fees. (e.g In the Month of April, Fees of June and July in being asked to pay by school to their students?,
if current ratio=2.5 : 1 liquid ratio= 1:1 closing stock=rs 45000 calculate current assets current liabilities liquid assets
difference between rent office rent
Increase in one equity with no change in the asset will result in .................... of another equity
my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz
Explain me is any difference between inactive and dormant accounts?
Limited liability ?
Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 5) If cheque is received from the tenant, journal entry=? 6) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.
What is the meaning of Trial Blance?
5 Answers Accenture, Amit Enterprises, Laposs Hardware,
I purchased a Car & paid 10,000/- Rs. Cash & 50000/- Rs. By Loan. What will be the Entry ??
Audit 
