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Can closing stock of current year be present in tht Trial
Balance of said year...????
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Answer Posted / rajesh
it is an adj entry the adj entry comes two times closing
stock is an adj entry it comes in trading a/c and
balancesheet. what ever items comes in trial balnce we have
to one time either in trading and profit and loss a/c or
balance sheet item
| Is This Answer Correct ? | 12 Yes | 9 No |
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