when is the closing stock shown in the trial balance?

Answer Posted / kapil agrawal

CLOSING STOCK SHOWN AT THE END OF THE F/Y MEANS CLOSING
BALANCE OF STOCK AS ON 31ST MARCH OF EVERY F/Y IT,S HELP
FOR FINDING OF OUR GROSS PROFIT AND ALSO INCLUDED IN
CURRENT ASSETS.

Is This Answer Correct ?    3 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what audit procedure i can do in the share capital account of a company and why it have been apply?

3812


What are the basic principles of an internal audit controlsystem?

706


What are the objectives of internal audit?

746


Explain the purpose of meeting in audit?

670


what is the difference you can make by doing your course in the country of your choice

1929






which of the following procedure would auditor lease likely perform in planning a financial statement audit?

1743


What is mean by error of submission? can u plz provide notes on this?

2008


What Is Social Audit?

757


what are procedure we need to do at the time ACTO VISIT FOR AUDIT OF VAT .

1772


What is an audit process?

695


How to do an internal audit effectively?

694


What is the difference between internal audit and statutory audit?

667


How do you feel u contributed to its effectiveness?

1733


Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com

1911


who is the auditor and his deautis

1865