i would like to know is closing stock appear in trial
balance & it appears in which side in trading a/c
Answers were Sorted based on User's Feedback
Answer / hisham
Closing stock does not appear in trial balance
it shows in debit side of trading a/c
& also shows in balance sheet under the heading current
asset
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / preethpal
its does not apear either in trading a/c but is written in
debitside of assets in balancesheet
| Is This Answer Correct ? | 2 Yes | 5 No |
Expand WCT?
cash transferred from sbi to andhra bank? how we can post it in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post)
define fixed assets
What is accrual basis of accounting
Choose the right answer When diesel supplied to the hired vehicle we have to credit 1.Diesel 2.Hire 3.Owner of the vehicle
sale tax which place effected
Who are the ISP's? Give Examples
Who is a merchant
I am a non commerce graduate acting as office manager in a construction company. I am interesting to learn accountancy thru short cut methods and in a short duration. Can any body there to help me. I will be pleased to receive any sugessions and learning tips to my e-mail
what is use in form 38 in sales tax
What is standing order
Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? Many Thanks in Advance Lakshmi