• Where does closing stock appears in the trial
balance?
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Answer / karan
closing stock doesn't appear on trial balance. it is given in adjustment below trial balance
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Answer / kish
closing stock will apper in credit side of the trail balance all sales and sales returns will appear in credit side of trail balance after deducting purchase goods carriage and all in sales we will get closing stock
| Is This Answer Correct ? | 1 Yes | 2 No |
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Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
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Expand ________GAAP