Why we show always closing stock in credit?
Answer Posted / raghu
Opening stock appears at debit side hence Closing stock at
credit side
Is This Answer Correct ? | 0 Yes | 29 No |
Post New Answer View All Answers
FROM WHERE I WILL GET PREVIOUS QUESTION PAPER OF JUNIOR ACCOUNTS OFFICER TEST OF B S N L
a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?
what is the meaning of banking
What a deferred asset is and give an example?
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
Tell us how can you define departmental accounting?
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
how can we get a leaverage in intraday market if are not a professional acount holder?
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?
what is share application money pending allotment?
How you can adjust entries into account?
A loan of 10000 with 10% interest is fully due after 6 month. What will accrue differed, outstanding?
WHY U HAVE CHOOSE ICWA WHY NOT CA
a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?
I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?