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Which type of stock show in trail balance. Op. Stock or Cl.
Stock & Why?
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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 |
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Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 You are required to calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy
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