when is the closing stock shown in the trial balance?

Answer Posted / mohammed irfan khan

COLOSING STOCK MUST BE SHOWN IN TRIAL BALANCE BECAUSE
WITHOUT CLOSING YOU CANNOT TALL TRIAL BALANCE SO AT THE
TIME OF PREPARING TRIAL BALANCE YOU NEED TO CONSIDER THE
CLOSING STOCK

Is This Answer Correct ?    0 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain the purpose of meeting in audit?

666


What is vouching?

615


Why you want to be a auditor?

612


What are objectives of internal audit?

713


How will you calculate impairment of assets of a software company?what is the necessary steps briefly describe?

2012






Explain the importance of evaluating an internal audit department?

643


What are the importance of internal audit to the organization?

643


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

1741


Do you know the different types of audits?

623


is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me

1778


1.tell me five points of check list of an audit. 2.what do you checking in statutory audit.five main points. 3.what do you checking in internal audit five main points. 4.which five major points checking according to caro.

2810


What do you mean by vouching?

693


What are the different advantages and disadvantages of internal audit?

656


What is final audit?

683


hi friend i have selected in ssc cgle as accountant in audit department. can anyone tell about the work of accountant in audit department?

1865