Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


Why closing stock are not shown in trial
balance?

Answers were Sorted based on User's Feedback



Why closing stock are not shown in trial balance? ..

Answer / shyam kumar

Closing Stock is the combined result of the (Opening stock
+ Purchase - sales ) for which we already entered in
Ledger and Trial A/C . showing again is just giving the
doubt effect to account

Is This Answer Correct ?    11 Yes 1 No

Why closing stock are not shown in trial balance? ..

Answer / soumya ranjan barik

If the purchases are shown in trial
balance after deduct closing stock then
the closing stock are shown in ttial
balance.if not the closing stock are
included in the purchase.

Is This Answer Correct ?    6 Yes 3 No

Why closing stock are not shown in trial balance? ..

Answer / vignesh

closing stock is not a real closing stock its an opening
stock for next year, closing stock will shown only on
winding up of company

Is This Answer Correct ?    0 Yes 1 No

Why closing stock are not shown in trial balance? ..

Answer / ritik kumar

closing stocks are related to a stocks in which it con not bring again in market not benefits towards public

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Accounting General Interview Questions

what is vendor setup?why it is required in accounts payable process?

1 Answers   Cap Gemini,


general entry for credit purchases, credit sales, golden rules of accounting,what is contribution.

11 Answers   Genpact, LG,


What accounting Treatment we should do while we received Amount Rs 39200 After deducting Tds 800 From Invoice Amount 40000. Kindly also explain for deducting Tds should be booked under which Head of Tally.

4 Answers  


What is Accounts Recivable & Payble???

2 Answers   HCL,


what is the final accunt

3 Answers   Wipro,


What is derivates and types of derivatives?

1 Answers  


define contra entry?

8 Answers  


why profit and loss account debit balance appeare in the asset side of balance sheet?

11 Answers   Genpact, HCL, Rites,


what is the definition of dual reporting in view of global market?

0 Answers  


Cash bill of sale so the company can deduct the amount.

0 Answers  


what is mercentile system in accounting

1 Answers  


As you know any other accounting application?

0 Answers  


Categories