why closing balance do not come in trial balance?if it is
in which case it comes?
Answer Posted / rajesh
The trial balance is the summery of the varrious accounts
balances, while the Closing is not a balance but evaluate
for getting actual position of the year, Hence the closing
balance is not consider into trial balance . Whille for
information we can give seperate line in bottom of the
trial blalance.
| Is This Answer Correct ? | 19 Yes | 1 No |
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