SHOW CLOSSING STOCK IN TRIAL BALANCE

Answer Posted / ram krishna trivedy

Hi Friend,
Closing stock will never appear in trial balance only
opening stock will come in trial balance in the debit side.

Is This Answer Correct ?    6 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

EXPLAIN EACH SECTION PROVISIONS ON TDS?

1411


Define scrap value in accounting?

714


What is bond ? What is capital market?

1594


what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......

1710


Contrast bookkeeping and accounting

613






What is the difference between deferred revenue and accrued revenue?

628


Do you know what is project implementation?

618


under which ledger should i make opening work in progess and closing work in progress

1607


What is cotangent Account?

1559


goods worth rupees 440 distributes free among the poor?

1601


Explain me bills receivable?

603


can we change date in tally.erp s/w in educational mode ?

1155


In accounting, vat abbreviates what?

722


Define bills receivable?

746


Discuss the consistency concept in accounting

637