Interested to Buy Any Domain ? << Click Here >> for more details...
Which type of stock show in trail balance. Op. Stock or Cl.
Stock & Why?
- 9 Answers
- 13381 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sreeram
In trail Balance only the opening stock we will show and
the clsoing stock may not be showing because by the time
exact monetary value may not be known.
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / kavita dive
opening stock is a show in trial balance because a trial
balance is not a conclusive proof of the absolute accuracy
of the account. trial balance indicates the presence of
bookkeeping error.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / suri
Opining stock . T.B is prepared to establish arthimatical
accuracy of accounting work before finalization .but
closing stock is valued at the time of finalization.so
closing stock is not shown in T.B
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / umamaheshwara rao
opening stock, Because last year closing stock will become next year opening stock.closing stock will be showing in trading A/C
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / s s koodi
as per accounting rules we should take a closing stock
because the present year closing stock becomes the opning
stock for the nex assessment year
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / raju
closing stock wiil post in trail balance because of what is
trail balance it means all ledgers closing balances shown
on trail balance so closing balance will take.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / san
Closing Stock for preparing Balance Sheet and closing
balance make the opening balance for new finalcial
year.........
| Is This Answer Correct ? | 2 Yes | 6 No |
Answer / ranjeet solanki
Closing Stock we posted in trial balance becoz when we
finalize balance sheet then we are take closing stock from
trial balance .
| Is This Answer Correct ? | 4 Yes | 15 No |
If Pass book & Cash Books Balances are showing same so are you need to BRS ?
What is the last date of submitted of individual itr and Balance sheet, and company itr and balance sheet?
What is trail balance
Dear Sir, I have bought a vehicle the show room price is Rs.921700, Registration Rs.60000 Parking Charges Rs.5000 Please let me suggest What is assets value?
WHAT IS RATE OF SERVICE TAX 2014-15
even if trial balance matches there is an error of wat???
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
how do you calculate depreciation on land?
What are three sectors of Economy?
opening stock rs.6000 purchases rs.22000 cash sales rs.18000 credit sales rs.12000 calculate closing stock if rate of gross profit on cost of goods sold 25%.
3 Answers State Bank of Mysore SBM,
Difference between P/L a/c and Trading a/c
WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"
Audit 
