Interested to Buy Any Domain ? << Click Here >> for more details...
why the closing stock arises in the trading account of final
accounts
- 2 Answers
- 5261 Views
- I also Faced
- E-Mail Answers
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
how sales invoices adjusted against advance received from Debtor?
Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
Why some asset accounts have a credit balance?
Capital secure should be shown in which side of the balance sheet?
what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
explain me what steps would you take to increase revenue for this company?
A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.
List out some of the examples for liability accounts?
What are the steps to take before you approve an invoice for payment?
Differentiate accounting and auditing?
Explain what knowledge should financial accountant have?
What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?
