Answer Posted / kishore kumar d
Transfer opening stock to trading account (traders) or Manufacturing account (manufacturers), since opening stock is not a running account.
Following entry is to be passed:
Trading A/c Dr XXX (Or)
Manufacturing A/c Dr XXX
To Opening Stock A/c XXX
| Is This Answer Correct ? | 2 Yes | 8 No |
Post New Answer View All Answers
SOUTH ATLANTIC OIL AND GAS INC.is a fraud company
What is the Memorandum voucher?
what is budgetory control and what are the types
Expand DPCO
genpact uk based shift timings? and R2R job profile?
KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
What Are The Characteristics Of Modern Accounting?
I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code
where we use the convetion of conservatisam in real life??
Short Answer on __________Trade
what are the certificates needed at the time of SBI clerical interview?
Expand---------PDCB
What is Split And buy-back?
how will you create the posting periods 3 and 5 or 5and 7?
