Interested to Buy Any Domain ? << Click Here >> for more details...
when is the closing stock shown in the trial balance?
- 14 Answers
- 29660 Views
- Infosys, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / laxmi agarwal
closing stock suld be shown in the t.b at the end of
financial year so dat inventories are properly valued
| Is This Answer Correct ? | 1 Yes | 6 No |
Answer / ratnesh shukla
Closing stock play a very vital role in preparation of
financial statement .i.e.trading profit and loss account.
without C.S.we cannot find the exect position of financial
statement i.e.gross profit and gross profit is transfered
to P & L account for Net Profit.
and also without C.S.we cannot find the finalcial ratio
i.e.average stock,and closing stock to turnover ratio and
all that.
| Is This Answer Correct ? | 1 Yes | 6 No |
Answer / sk n rasool
At the end of the FY ie. 31st March and its shown in credit
side under indirect income.
| Is This Answer Correct ? | 3 Yes | 10 No |
What is difference between management audit and internal audit?
is there any preference in language can i give my interview in hindi
1 Answers State Bank Of India SBI,
I have received a sum of Rs.500 worth Bill from Vendor, which is relevent to 2004-05. But Outstanding Expenses not book during that Year? What is the Accounting Policies to book this expenses?
Expand---------BRPT
I 've Tally7.2 in my pc & i have Data from 2005 but my Auditor wants only data from 2008 -2009 How do i send that years data i means from 2008 -2009
Explain the before an audit processes?
Do you think Auditing job is very boring ?
Do you know the different types of audits?
Explain the importance of evaluating an internal audit department?
what is the accounting treatment on Putoption over own shares.?
wether OT is included in gross salary or not?
What would you do if a member of your audit team was under performing?
Audit 
