Can you tell me the closing stock entry?

Answer Posted / pawan kumar

ya there is no such entry for closing stock generally in
journal but adjustment entry is there for closing stock
CLOSING STOCK A/C....................DR
TO TRADING A/C..........CR

Is This Answer Correct ?    125 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand---------TDCB

1433


you went outside to purchase vegetagles, suddently big rain came then what you will do

1658


wht can u do for the growth of bhel?

1545


AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE

1731


How exchange rates are maintained in sap

1474






how many types of practice accounts?

1556


Indian Iran Gas pipeline

1702


Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?

1912


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

1214


Take me through the entire vendor cycle.

1519


What is Accounting on Computers

1572


pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com

1551


Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com

1796


What elements of your job do you find most difficult

5214


What are the stages involved while preparing business blue print with examples?

317