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
A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in
Do you need an income statement if you do part time contract work at home?
Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset
Explain about Fixed capital
Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?
Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet
what are the content of purchase order?
impairment & Amortisation Means
why funds management doc is generated during migo and miro
what's accounts payable
what is the cost and financial accounting? what is double entry system ?
Short Answer on __________Event
What is meant by Nostro Reconciliation
In sales what rule applicable
AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE