Interested to Buy Any Domain ? << Click Here >> for more details...
The Trial Balance of M/S Ram & Co,Shows chosing stock of
Rs,30000. It will be recorded in: - ..................
(a) Trading A/c; (b) Profit & Loss A/c; (c) Balance Sheet;
(d) Both (a) & (b)
- 4 Answers
- 6629 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / k.kamalakannan
if the closing stock, it will be shown in the both Trading
and Balance Sheet Side, if the Opening stock it will be
shown in the Trading account DR side .
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / aakash banthia
THE CLOSING STOCK OF RS. 30000 WILL BE SHOWN IN TRADING A/C
AS WELL AS THE BALANCE SHEET..
IN TRADING A/C DEBIT SIDE AND IN BALANCE SHEET ASSET SIDE...
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / sumit
First of all this Question asked is in a wrong way,
Closing stock never appears in Trial balance.
and Closing stock will be posted under Trading account Credit side and under the balance sheet it will come under Current asset first item as Stock to complete the double effect.
| Is This Answer Correct ? | 0 Yes | 0 No |
What are the golder rules of Accounts ?
35 Answers Abhipra, Accenture, Bajaj Allianz, Blue Star, Genpact, HP, IBM, TCS, Wipro,
can depreciation on live stock?
what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?
Explain PRICE RATE and also COST RATE.
What is service tax(input Credit)?
EXPAND___________JPC
What is Break Even Point?
I am going for interview in Cross domain for Finance & Accounts opening. If any one having any question paper or question that might be asked in interview pls send me on my mail id -ruchi_singh759@rediffmail.com, or here.
what is ADR
This question was in opi final round u give a loan for your friend a 1000 rs he returns 600 rs and u have to close ur accounts what should u do to close the accounts? and what is journal entry?
how to make a project accounting in tally erp9 ?
tell me about roll model as father
0 Answers Genpact, State Bank Of India SBI,
Audit 
