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i would like to know is closing stock appear in trial
balance & it appears in which side in trading a/c

Answers were Sorted based on User's Feedback



i would like to know is closing stock appear in trial balance & it appears in which side in tr..

Answer / hisham

Closing stock does not appear in trial balance

it shows in debit side of trading a/c

& also shows in balance sheet under the heading current
asset

Is This Answer Correct ?    0 Yes 1 No

i would like to know is closing stock appear in trial balance & it appears in which side in tr..

Answer / preethpal

its does not apear either in trading a/c but is written in
debitside of assets in balancesheet

Is This Answer Correct ?    2 Yes 5 No

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