Why closing stock are not shown in trial
balance?
Answers were Sorted based on User's Feedback
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 |
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 |
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 |
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 |
Under which head the cleaning expenses will come in accounts
what is the Difference between CC & OD accounts
4 Answers Amul, ITC Infotech, Northern Trust,
what are doucement required under registration of properity firm. give the answer breif
differ the revenue expenditure and capital expenditure
VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
What is the difference between Capital and Total Equity in a Company?
how will be the entry of outstanding salaries in receipt & payment account, income & expenditure & balance sheet
What is the Significance of Open Item of B.R.S. in SAP.
what is profit maximisation
Mention in simple terms what is the difference between asset, equity, and liabilities?
A company closing its acconts in december..its paying 10000/-as rent......in the month of august it paid 4 months rent as advance...how will u account this