why closing balance do not come in trial balance?if it is in
which case it comes?
Answer Posted / vijay007in
you are talking about which balance? period Closing balance
only will come in Trail Balance.
I think you are asking about opening balance
Opening Balance ( Opening TB) will come period starting
time only. That also perivious period ending balance(
Except Year ending and being balances in revenue items)
Regards
Vijay
| Is This Answer Correct ? | 5 Yes | 4 No |
Post New Answer View All Answers
What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?
Anyone whose sbi interview has been over , please share all the question asked by them
Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?
what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.
which is the combine entry in ERP?
Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?
Expand SOIT
My name is Tasha actually I had put my file for Australia PR on basis of Hairdresser, and I have shown my qualification of 10th passed, but I done my B.Com with Accountancy, and presently I am working as Accountant,Now I want to put up my file for Australia Student is it possible, and my age is 36 yrs, I had already given my IELTS (Academic) and I have scored 6 bands, but its period has been expired,please give me some answer what to do next.
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
how to make a project accounting in tally erp9 ?
can i get exact salary of clerk in SBI. and i want to know about promotion details .....
Short Answer on _____________Revenue Budget
what is budgetory control and what are the types
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
Short Answer on ______________Import Trade