Why closing stock are not shown in trial
balance?
- 4 Answers
- 5341 Views
- PSU, I also Faced
- E-Mail Answers
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 |
what is surcharge on which purpose is used please explain
excess cash withdraw from bank for staff salary than remain amount deposited into bank., what will be journal entries for above transactions
Difference between Horizontal & Vertical Balance sheet
3 Answers Chartered Accountant,
how i will pass the journal entry for the shipping charges
what is service tax
Tell me what do you believe makes a successful account executive?
how to deduct tds on income from other sources with examples
entry for cash received from debtors
How can do it TDS in accounts?
journal entry of outstanding salary
examples of real accounts
any one provide me mm & fi configration steps
Audit 
