Which type of stock show in trail balance. Op. Stock or Cl.
Stock & Why?
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
|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
|Is This Answer Correct ?||2 Yes||6 No|
Answer / pramod
|Is This Answer Correct ?||3 Yes||9 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|
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