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Is closing stock will recorded in Trail balance?

Answers were Sorted based on User's Feedback



Is closing stock will recorded in Trail balance?..

Answer / sunitha c

Closing stock will not be recorded in Trail balance it will
be shown as adjustment

Is This Answer Correct ?    32 Yes 6 No

Is closing stock will recorded in Trail balance?..

Answer / venkat

Trail Balance adjustements are two ways---
1.if in case it shows on adustments then it is shown on
trading a/c credit side and balance sheet assets side.
2.if incase no information is available in adjestments the
it is directly shown on Balance sheet assets.
Their is no information about closing stock then
opening stock is treted as closing stock.

venkat
9603282777

Is This Answer Correct ?    11 Yes 2 No

Is closing stock will recorded in Trail balance?..

Answer / rahul verma

treatment of closing stock.
1. closing stock are shown as foot note in trail balance.
2.if we want to show it in trial balance we have to show
adjusted purchase in trial balance i.e.

o.stock+ purchase-closing stock.
after that we can not show opening stock in trial balance
but we show closing stock in trial balance.
but we not show closing stock in trading a/c.

rahul verma
9414499629

Is This Answer Correct ?    5 Yes 0 No

Is closing stock will recorded in Trail balance?..

Answer / rajesh kashyap

Closing Stock will be shown in Proit and Loss a/c and
Assets side of balance sheet and also will be shown in
Trail Banlance when it is an Adujustment Entry

Is This Answer Correct ?    7 Yes 4 No

Is closing stock will recorded in Trail balance?..

Answer / mehtab ahmad

yes closing stock is recorded in trial balance because it
will be posted in balance sheet

Is This Answer Correct ?    3 Yes 4 No

Is closing stock will recorded in Trail balance?..

Answer / rajesh kumar

yes closing stock will recorded in trial balance.in Trial balance closing stock shown in credit side and opening stock shown in debt side it means we know about what is my direct exp. and make profit and loss account.so it is nesseary to recoded in trial balance in callander year.

Is This Answer Correct ?    2 Yes 4 No

Is closing stock will recorded in Trail balance?..

Answer / shiva shankar

yes

Is This Answer Correct ?    1 Yes 3 No

Is closing stock will recorded in Trail balance?..

Answer / sreekar. p

If Closing Stock will given in Trial Balance. That means
Nex year is No Business that firm.

[If Closing Stock is given the Adjustement next
year is run the business. These closing stock will charged
to Trading A/c. Credit side and Balance Sheet Asset side.]

Is This Answer Correct ?    1 Yes 4 No

Is closing stock will recorded in Trail balance?..

Answer / kavita kotian

Closing stock will not recorded in trail balance. It is
recorded in P & L a/c

Is This Answer Correct ?    6 Yes 19 No

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