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where the closing stock appear in Trial Balance?

Answers were Sorted based on User's Feedback



where the closing stock appear in Trial Balance?..

Answer / prateek gupta

closing stock do not appear in trial balance.

Is This Answer Correct ?    78 Yes 26 No

where the closing stock appear in Trial Balance?..

Answer / sugata bhattacharya

Closing stock will not appear in the Trial balance. If
there is purchase adjusted than it only appear in the Trial
Balance

Is This Answer Correct ?    45 Yes 11 No

where the closing stock appear in Trial Balance?..

Answer / shoukatali

Closin Stock does not appear in Trail Balance because the
trail balance is a balance of all account a given point in
time. It records only transations which have two way
effect

Is This Answer Correct ?    32 Yes 8 No

where the closing stock appear in Trial Balance?..

Answer / prashanth 09849535484

Closing stock is a asset at the end of the year.
It is considered in the trading account means it does not
mean that it is income/expense.Instead of deducting from
the purchase it was taken on the credit side.
If the purchase adjusted before the closing the trial
balance,then it can be taken on the debit side of trial
balance.

Is This Answer Correct ?    26 Yes 5 No

where the closing stock appear in Trial Balance?..

Answer / mohan

Clossing stack will not appear in trial balance, it will
appear only in balancesheet asset side, clossing stock is
our assets.

Is This Answer Correct ?    17 Yes 3 No

where the closing stock appear in Trial Balance?..

Answer / jp

Closing Stock is appearing in credit side of the Trading
account. It is not appearing in the Trial Balance. Sales,
sales returns (Deducting from Sales), and the closing stock
are the items coming in credit side of the Trading account

Is This Answer Correct ?    19 Yes 10 No

where the closing stock appear in Trial Balance?..

Answer / vijay yadav

Clossing stack will not appear in trial balance.

Is This Answer Correct ?    7 Yes 0 No

where the closing stock appear in Trial Balance?..

Answer / guest

debit

Is This Answer Correct ?    37 Yes 32 No

where the closing stock appear in Trial Balance?..

Answer / r.ramesh

IF WE SHOW OPENING STOCK IN PROFIT & LOSS A/C, THEN WE HAVE
TO SHOW CLOSING STOCK IN CREDIT SIDE OF P & L A/C.
OTHERWISE WE HAVE TO SHOW IT IN BALANCE SHEET ASSET SIDE

Is This Answer Correct ?    6 Yes 1 No

where the closing stock appear in Trial Balance?..

Answer / murali

it snot come in wrile blance it comes in adjusment we r
taking in credit side of the p/l a/c

Is This Answer Correct ?    4 Yes 1 No

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