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 IS CASH DISCOUNT & TRADE DISCOUNT?

3 Answers  


asset = liab + equity , Asset = 120000 + 1 third of asset. what is asset value.

7 Answers   Vipro Lifescience Pvt, Wipro,


what is the rate of vat,cst,in mumbai

0 Answers  


what is meaning off PLA IN EXCISE PART.

1 Answers  


What is the use of form D in sale tax

0 Answers  


Explain me what is tally accounting?

0 Answers  


What is cost accountancy? What are the objects of cost accountancy?

0 Answers  


Our company is in manufacturing stage and we had paid advance payment to several suppliers for some construction purposes. As manufacturing stage I want to treat it as Capital work in progress.So kindly advise how can we pass the entries for the same.

1 Answers   Reflective Aluminium Glass,


Name three (3) equity security data points

2 Answers   Shore Infotech,


All Interview related Questions pertaining to General Ledger,Finance & Accounts.

0 Answers  


What is the meaning of GAPP?

12 Answers   Ernst Young, Inventory,


what is Purchase Book & sales Book?

0 Answers   EDS,


Categories