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 Closing Stock Not shown in Trial Balance?

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


Please Help Members By Posting Answers For Below Questions

Define Payee

2175


in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule

2647


I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

2575


Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000

1798


can any one send me payables real time scenarious or any projects

2159


what is finance what is bpo why do u want join a BPO types of process in BPO Company's

2308


WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME

1915


if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.

1912


When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm

2203


Short answer on Amalgamation

2357


Have you worked with other on team endeavors

2055


Short Answer on __________Revenue

1992


what did you mean by cash credit limit account ?

2764


WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS

2320


Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry

2108