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why closing stock is not shown in trail balance

Answers were Sorted based on User's Feedback



why closing stock is not shown in trail balance..

Answer / yathursy

closing balance of the current year will be the opening
balance of the upcoming or the next year thus closing
balance will not reflect on the trial balance

Is This Answer Correct ?    25 Yes 1 No

why closing stock is not shown in trail balance..

Answer / sumitra.raghavan

closing stock are not shown in trail balnc becoz its adjusted
wid purchase

Is This Answer Correct ?    5 Yes 2 No

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