Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


Why closing stock are not shown in trial
balance?

Answers were Sorted based on User's Feedback



Why closing stock are not shown in trial balance? ..

Answer / shyam kumar

Closing Stock is the combined result of the (Opening stock
+ Purchase - sales ) for which we already entered in
Ledger and Trial A/C . showing again is just giving the
doubt effect to account

Is This Answer Correct ?    11 Yes 1 No

Why closing stock are not shown in trial balance? ..

Answer / soumya ranjan barik

If the purchases are shown in trial
balance after deduct closing stock then
the closing stock are shown in ttial
balance.if not the closing stock are
included in the purchase.

Is This Answer Correct ?    6 Yes 3 No

Why closing stock are not shown in trial balance? ..

Answer / vignesh

closing stock is not a real closing stock its an opening
stock for next year, closing stock will shown only on
winding up of company

Is This Answer Correct ?    0 Yes 1 No

Why closing stock are not shown in trial balance? ..

Answer / ritik kumar

closing stocks are related to a stocks in which it con not bring again in market not benefits towards public

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Accounting General Interview Questions

What mean the word LLP? Please share the definition...?

1 Answers  


What is difference between Cash Flow and fund flow

0 Answers  


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.

1 Answers  


Why don,t show the Closing stock in Trial Balance.

2 Answers  


Why Capital IQ?

1 Answers   Capital IQ,


I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so

0 Answers   Vita,


how to prepare for accontant examinations

0 Answers  


in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.

0 Answers  


we are going to purchase of new office. what is accounting entry for it if we made adv to party , some part payment paid to party. pls tell me & under which group ledger will come

3 Answers  


What is the journal entry for goods sold to Mr A in 1 month credit of rs 5000. and also pass entry for non repayment of money after 1 month by Mr A. (What entry will come for this?)

3 Answers   Airtel, Siemens,


What is the disadvantage of double entry system?

0 Answers  


Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.

0 Answers  


Categories