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Why we show always closing stock in credit?
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Answer Posted / narayan bhusal
Matching Concept
(expense must be related to revenue)
according to matching concept we put the closing stock on
credit side of trading a/c.
only those
expenses which are related to earn the revenue are debited so that we can arrive at accurate profit/loss &
closing stock which is not utilized yet to earn revenue but
we use in future.so,put on credit side
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