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WHAT CAN CLOSING STOCK SHOWING IN TRIAL BALANCE
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Answer / s.durga prasad
trail balance prepair end of the year in which year un sold
stock (finish goods,work in progess goods)this type of show
in trail balance.
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Answer / barodianbuddy(acca)
Yes, closing stock can be shown in trial balance.
eg IN TRIAL BAL:
INVENTORIES - 31 MARCH 2013
JOURNAL ENTRY
DR INVENTORIES (CLOSING)
CR TRADING/P&L/PURCHASE
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