Which type of stock show in trail balance. Op. Stock or Cl.
Stock & Why?

Answer Posted / suri

Opining stock . T.B is prepared to establish arthimatical
accuracy of accounting work before finalization .but
closing stock is valued at the time of finalization.so
closing stock is not shown in T.B

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

3193


in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?

4620


Were i have to enter for agreements in tally and in which ledger it will come

1233


Sir i want to ask that if the salary above 6500/- than also pf deduct.

1431


Define depreciation and its types?

670






What is peach tree accounting?

672


Where I can Found Cost Reduction Techniques Implemented by Various cement Companies

1666


on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount

1408


Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00

1736


say something about your school

2543


Explain what is double-entry accounting? Explain with an example?

664


how to pass journal entries for reverse tax on input tax paid

2167


Explain some of the accrued expenses and the accounts in which you would record them?

612


My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523

1681


what is the Journal entry for credit card bill paid from same bank account

1262