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Why closing stock wont appear in the Trial Balance?
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Answer Posted / shubham jain
in trial balance on DR side raw material consumed has shown
which means opening stock+purchases-closing stock i.e it
becomes part of raw material consumed
alternatively closing stock can be shown by showing opening
stock and purchases on DR side and closing stock on credit
side
| Is This Answer Correct ? | 8 Yes | 3 No |
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