Answer Posted / murli vohra
Closing stock is not shown in Trial Balance because
It is an Asset and it is already Debited as purchases.
However we can show it in Trial Balance by passing the following Entry
Closing stock A/c-Dr
To Purchase A/c
When we pass this entry in that case there is no need to show it in Trading A/c
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Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales
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