Why closing stock are not shown in trial
balance?

Answer Posted / soumya ranjan barik

If the purchases are shown in trial
balance after deduct closing stock then
the closing stock are shown in ttial
balance.if not the closing stock are
included in the purchase.

Is This Answer Correct ?    6 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how many types of currencies are there in oracle r12

1521


Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time

3738


Tell me in balance sheet, where do you show tds?

596


whether allowances will be included in calculating esi from gross salary

1528


Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

1730






Tell me what is the equation for acid-test ratio in accounting?

541


what is ment by suspence account and dummy account

1570


What is fitting and fixtures?

1717


I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?

3054


where to show Preliminary expenses except "Statement of changes in working capital" in Fund flow statement?

3527


please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com

1473


Tell me why some asset accounts have a credit balance?

646


Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?

654


Tell me in accounting, how do you define premises?

716


Explain dual aspect term in accounting?

598