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Where Closing stock will reflect in balance sheet?
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Answer / sethusangurajan., mba., srm u
closing stock treated as current asset so it is reflected in
asset side of the balance sheet
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / decipher
Term "stock" is usually used for inventory. So I think its
reflected in inventory
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / avvari bharathi
Closing stock reflects in assets side in balance sheet. The
"Closing Stock a/c" gives the information relating to the
value of the stock (as an asset) unsold at the end of the
accounting period. By recording the journal entry for
Closing Stock.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / syed monis
it appears in trading ac credit side and balance sheeet
asset side under current asset
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pavan kumar
closing stock is a current asset. so, it shows on balance
sheet in assest side.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sadanandam
closing stock is appears two times
1) credit side of trading account
2) assents side as a current asset .....
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / praneeth
its not reflect but iam analyse the how much profit taken
assets &incoming earns
| Is This Answer Correct ? | 4 Yes | 8 No |
Answer / n.sarathbabuu
Its Not reflect in Balance sheet, it is a foot note
| Is This Answer Correct ? | 16 Yes | 74 No |
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