i would like to know is closing stock appear in trial
balance & it appears in which side in trading a/c
Answer Posted / saranya
closing stock come under credit side of trading a/c , but it's not comes in trail balance, information given only in adjustment. usually adjustments given below the trail balance.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Suppose the production is more and sales less then what will happen
What is the procedure to become charted accountant in India now. Please answer this is urgent
What is invoice accounting rules?
what is organic profit? and how it is calculated?
In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
Difference Between Revenue & Capital Expenditure (Give an Example of each )
difference between contra entry and double entry?
selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety
Who is the maker of the promissory note
Whatis new GL & Odd G.L What is the difference between these two.
what is non stock?
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
wht can u do for the growth of bhel?