Answer Posted / mann
there is a rule of accounting there is a duable effact of any entery one a/c is Dr and other is Cr..
when it come to closing stock.
closing stock = opening stock + pur. - sales.
there is no entery of closing stock in jounral. ño acount is prepar..for closing stock.
stock in store will be calculated at the end. when whole trial balance will be made..
so it will be shown at the end of the trial balance as an note....
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?
What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?
What is Compliance?
how to do the finalise of account? what is the step? why we need to do like that?
Hi friends ineed finacial analyst interview question Pls share it
in a every intervew asking one common question why you are living current employer, which is the best answer
is it necessasary to make a partnership deed
In order to comply with the matching principle, adjustment entries are made at the preparation of ----------
Short Answer on __________Revenue
Please share different type of Z report
Short Answer on _____________Intangible Assets
what is budgetory control and what are the types
how many schedules are there in accounting?
What is Accounting on Computers
distinquish between liquidity ratio and asset management ratio