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Why does closing stock does not appear in trial balance?



Why does closing stock does not appear in trial balance?..

Answer / tan

After I search the answers on the internet , one of them
states like this :

Trail Balance sheet: It is statement which contains all ledger
account balances.

So here closing stock is not a ledger account. So it won't
appear in trail balance.

closing stock is not taken into account in a trial balance
is because a trial balance is a balance of all ledger
account a given point in time

___________________________________________________

Personally speaking , I agree with the statement "closing
stock is not a ledger account" , but the fact is that the
opening stock needs to be included when preparing the trial
balance , so does it mean that opening stock is a ledger
account ?

Is This Answer Correct ?    8 Yes 0 No

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