Answer / saikiran

Trading a/c Dr
To Opening stock a/c

Answer / siri

openstock a/c.....dr

to cash a/c

Answer / chandu 1430

Opening stock a/c Dr
To trending a/c

Answer / praveen kunmar

Dr: To opening stock
To purchase
- purchase retun
To cariage inword
To profit or loss account
Cr: to sales
-sales eetun

Answer / kishore kumar d

Transfer opening stock to trading account (traders) or Manufacturing account (manufacturers), since opening stock is not a running account.
Following entry is to be passed:

Trading A/c Dr XXX (Or)
Manufacturing A/c Dr XXX

To Opening Stock A/c XXX

Answer / chandu

Trending a/c Dr
To opening a/c

Answer / sajid

Profit&loss a/c
To Opening Stock

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