Can you tell me the closing stock entry?
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Answer Posted / p.srinivasa reddy
1. Before prepare of Trail balance,the closing stock
journal entry will be
closing stock A/c Dr
To Purchases A/c
2.After prepare of Trail balance,the closing stock journal
entry will be
Closing stock A/c Dr
To Trading A/c
| Is This Answer Correct ? | 6 Yes | 4 No |
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