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Why closing stock are not shown in trial
balance?
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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 |
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Financial Accounting
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