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Questions / { shanavaz }
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Answers / { shanavaz }
Question { 15680 }
i would like to know is closing stock appear in trial
balance & it appears in which side in trading a/c
Answer
and also appear in the Balance sheet under the head Current
Assets.
Not appear in Trial Balance
| Is This Answer Correct ? | 1 Yes | 0 No |
Question { 6522 }
My Question regarding owners drawings.
case1; If owner paid some expenses from his own pocket and
later that amount added to his salary then what adjustment
entries will needed.
Answer
Working capital A/c - 1500.00
Working Capital A/c - 1500.00
Director Salary A/c - 10,000.00
cash/bank - 11,500.00
| Is This Answer Correct ? | 0 Yes | 1 No |
