WHAT CAN CLOSING STOCK SHOWING IN TRIAL BALANCE

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WHAT CAN CLOSING STOCK SHOWING IN TRIAL BALANCE..

Answer / mritunjay

YES WE SHOWN CLOSING STOCK IN TRIAL BALANCE

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WHAT CAN CLOSING STOCK SHOWING IN TRIAL BALANCE..

Answer / s.durga prasad

trail balance prepair end of the year in which year un sold
stock (finish goods,work in progess goods)this type of show
in trail balance.

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WHAT CAN CLOSING STOCK SHOWING IN TRIAL BALANCE..

Answer / barodianbuddy(acca)

Yes, closing stock can be shown in trial balance.

eg IN TRIAL BAL:

INVENTORIES - 31 MARCH 2013

JOURNAL ENTRY

DR INVENTORIES (CLOSING)
CR TRADING/P&L/PURCHASE

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WHAT CAN CLOSING STOCK SHOWING IN TRIAL BALANCE..

Answer / hemanshu

TRIAL BALANCE HAS NO CLOSING STOCK

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1 Yes

3 No

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