Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

why the closing stock arises in the trading account of final
accounts

Answer Posted / preeti

its very simple.closing stock arises just bec of some stock
remains unsold in the buisness due to some reasons.

Is This Answer Correct ?    12 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How the Entry passed for Loss of Payment

2140


One Institute, after completion of course not issue any certificate to students, they issued certificate from other branded institute with cost (Kindly provide the term of this expenditure to appear in P&L a/c)

2657


Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm

2630


want to know the questions and answers frequently asking in banks at the time of interview for any cadre

2149


Tell me about a situation where you showed determination?

1114


how to account branches in tally

2482


we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?

2006


What is the purpose of financial statements?

1102


wat is mass allocation and when it is used

2060


What are the methods used in different industries for labor and non-labor costs in Projects.

2097


How calculate holding company account?

2184


What is Time capital

2227


Explain the types of ledger?

4099


M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

1905


Tell me the types of accounts involved in double entry book-keeping?

1152