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
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 |
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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