i would like to know is closing stock appear in trial
balance & it appears in which side in trading a/c

Answer Posted / prajakta

No Closing Stock does not appear in Trial Balance.
Further Closing Stock will appear in Credit Side of Trading
A/C.

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??

1488


• What are the types of cash flows?

1716


Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?

3118


can i get exact salary of clerk in SBI. and i want to know about promotion details .....

1458


Short Answer on ______Amortization

1464






distinguish between price rate and time rate?

1635


What problems might be encountered if there were no accounting standards?

2462


how there prepare bank interview

1609


In sales what rule applicable

1433


What do you mean Business

1820


What are the names of the codes which are needed for RTGS ? Payment and wire transfer respectively ?

1334


please provide wct retun guide line how can prepaire that

1906


why do you want to work here?

1696


How do you plan to achieve these goals

1863


How can a company reduce profit

1524