why closing balance do not come in trial balance?if it is
in which case it comes?
Answer Posted / jaykumar
the closing balance is not come because in T.B opening
stock balance A\C will shown on the debit side in T.B
& current year purchases will shown in dr side and credit
side current sales will shown that way not shown in trial
balance
| Is This Answer Correct ? | 15 Yes | 9 No |
Post New Answer View All Answers
i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?
How do you avoid loss situation
Which Exchange determine Foreign Exchange/Currency Rate?
What is Home Loan Modification?
Which entry we pass self entry like cash withdraw for ourself
what do you mean by accounting (or) why accounting ? ( generally we have to speak about our achivements and goals)
Clasify capital
distinguish between Bill of Exchange and Promissory Note
differences between liabilities and assessts
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code
Expand---------TDCB
what is mba tell me the more benefits in mba
service tax form no ? What is CC Limit ? What is branch accounts?
You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.