why opening stock posted in expences side in trading account

Answer Posted / neha

As it is the closing balance of previous year in the credit
side hence for its settlement it posted in debit side of
trading account.

Is This Answer Correct ?    17 Yes 14 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Is form 38 mandatory to issue c form in up. thru online mode

1340


how to solve the problem of sechdule date problem in sap proframme.

2052


Can anybody tell when sbh dispatches appointment letters for Clerical for people completed medical and scrutiny of documents on 15/08/09?

1904


In the case of Internal Reconstruction of company Accrued Int. On debenture / Outstanding int. On debenture transfer or not in capital reduction a/c . Explain

1087


STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS

2163






Does any one attented HSBC audit compliance test? Please let me know asap. suraj

2339


Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?

2635


when will be appsc exams will held pls give me the dates

2199


MY QUESTION IS THAT IS WHEY WE SELL THE UPS IN THE MARKET BUY FROM THE IMPORT WHAT THE DUTY WE WILL FORWARD TO THEM.

1883


what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?

2116


1) What is the steps of delisting the listed company 2) How to spliting the listed company shares 3) Which way the company should function when it has paidup capital is equal or more than 5,00,00,000/- (I mean which way the company should do it work in the company Act 1956. Is the company have to appoint a CS and and managing director of a any other things which is compulsory for these kind of company which paid up capital is 5,00,000/-

1962


analyses of Cost control

1930


what is meant by search report of the company n why is it prepared?

1725


i have cleared c.s inter. for the purpose of training i want to know the companies who are providing training of c.s in punjab state.please help me in this.

1821


I want to know that , If we called a person for one day for drive our company van or any other purpose. so how it will accounted in our (i.e companies) Books of accounts....

833