Is the Opening Stok and Closing stock both
will appear in the trial balance ?
Answers were Sorted based on User's Feedback
Answer / r.k.singhal
yes,opening stock appear in the Dr. side of trial balance
separately while closing stock already included in op.stock
and/or purchase in the Dr. side of trial balance.
Is This Answer Correct ? | 13 Yes | 5 No |
Answer / h.r. sreepada bhagi
No. Only the Opening Stock is shown in the Trial Balance &
Not the Closing Stock. Closing stock is taken in the Profit
& Loss A/c & Balance Sheet directly.
Is This Answer Correct ? | 4 Yes | 3 No |
Answer / anu
Yes opening stock will appear in debit side of the trial
balance and closing stock will appear in credit side of the
trial balance.
Is This Answer Correct ? | 0 Yes | 2 No |
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