Interested to Buy Any Domain ? << Click Here >> for more details...
Why closing stock are not shown in trial
balance?
- 4 Answers
- 6931 Views
- PSU, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / shyam kumar
Closing Stock is the combined result of the (Opening stock
+ Purchase - sales ) for which we already entered in
Ledger and Trial A/C . showing again is just giving the
doubt effect to account
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / soumya ranjan barik
If the purchases are shown in trial
balance after deduct closing stock then
the closing stock are shown in ttial
balance.if not the closing stock are
included in the purchase.
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / vignesh
closing stock is not a real closing stock its an opening
stock for next year, closing stock will shown only on
winding up of company
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / ritik kumar
closing stocks are related to a stocks in which it con not bring again in market not benefits towards public
| Is This Answer Correct ? | 0 Yes | 1 No |
vat paid on purchase is it comes on direct expenses or indirect expenses
Why in KE5Z report in SAP Accounting Data not found?
What is Zero-Payment in Accounts Payable
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
can any one tell me what is the difference between Accounting period & Financial year? Will be waiting for your answer. It's an open source question, any correct answer will be appreciable. Thanks. Regards, Mr. RKO
In the balance sheet, where do you show tds?
A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.
what is the minimum & maximum amount paid by company per day
Hai i'm sujatha,i completed MBA (Finance)2010 and then i done SAP FICO ,Now i want search jobs on sap .For getting SAP FICO Consultant job what are the require skill for me?
sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from office cash what will be the journal entry
what is the due date of 28th feb
Which forms in use in service Tax, Excise duty and Vat for the return.
0 Answers ME, Signac International,
Audit 
