When the closing stock will be reflected in trial balance &
at what value
Answer Posted / satish
After financial period closed. it should be valued cost
price or market value which ever is less.
Is This Answer Correct ? | 2 Yes | 3 No |
Post New Answer View All Answers
WHETHER CAPITAL RESERVE CREATED OUT OF SALE OF FIXED ASSETS OVER AND ABOVE THE COST BE TRANSFERED TO PROFIT AND LOSS ACCOUNT
What is the definition of accounting?
What is the difference between Accruals and Provisions?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
Define offset accounting?
Explain me how much mathematics knowledge is necessary or required in accounting?
Define partitioning in accounting?
what is faviourable balance,and overdraf balance in Brs? Give me sms on this no. 9885789716
What is your greatest achievement and why?
Define fair value accounting?
BRIEF IN DETAIL REGARDING RATIOS
cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c
Do you know what is project implementation?
What is dd and a in oil and gas accounting?
Which steps in Procurement to Pay process does FI documents get created.