explain the relevance of closing stock account in trading
a/c when preparing the gross profit?


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Accounting General Interview Questions

How do you deal with a dishonoured cheque in the client trust account records. Manual or computer system?

1 Answers  


.........method of stock valuation considered the purchase price of stock which intered the godown last. 1)fifo 2)lifo 3)weight average 4)all the above methoed chose the correct answer?

1 Answers  


what is the princple of debit & credit?

2 Answers  


what is a journal in accounting?

2 Answers  


Outstanding Expenses are the examples of

4 Answers  






if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.

0 Answers  


What determines Capital flow across the countries?

1 Answers   Wipro,


what is entry godds drwings in personol use my point of viwe is drwaings ac dr To goods

2 Answers  


When goods are returned, how about the Tax collected on them.? The Buyer or the seller who will bear that /

2 Answers   Convergys,


Is buy or sale trade will impact on Nov? Yes/No Please explain.

0 Answers   Northern Trust,


what is the eatery for the prepaid expenses Eg: prepaid rent

4 Answers   Amazon, C1 India,


Please expain difference of service tax and entry tax and rates also in fy 2010-11 and how calculate these taxes

2 Answers  


Categories