Which type of stock show in trail balance. Op. Stock or Cl.
Stock & Why?

Answer Posted / s s koodi

as per accounting rules we should take a closing stock
because the present year closing stock becomes the opning
stock for the nex assessment year

Is This Answer Correct ?    1 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

In the Manufacturing IF QC reject the material. Then where to record rejected material amount.

1472


on the basis accounting,acounting is divided in to how many classes and what are they?

1361


What is the difference between deferred revenue and accrued revenue?

625


What does an accurate trial balance suggest?

648


HI FRNDS THIS IS NARESH I DONE MBA (FINANCE)IN 2011. AND I DID COMPLETE SAP FICO.I WANT TO DO START CAREER WITH SAP FICO PLZ TELL ME PLZ HAVE ANY INTERVIEW AS FRESHER IN HYD OR PLZ SEND THIS MAIL...NAINALA.NARESH@GMAIL.COM

1968






WHAT IS NPF IN ACCOUNTS. AN ENTRY IN BANK STATEMENT" NPF SOME NAME XXXX DR SIDE" PLEASE ANSWER WHAT IS NPF?

5890


In which account does the unpresented cheque will get recorded?

713


what is an ideal organisation

1752


What is Prepaid Entry

1271


consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000

926


How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power

1274


What is the difference in accounting and marketing?

622


get fixed assets items

1444


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

1629


how to see reoprt of miro booking in SAP FI

1788