i would like to know is closing stock appear in trial
balance & it appears in which side in trading a/c

Answer Posted / saranya

closing stock come under credit side of trading a/c , but it's not comes in trail balance, information given only in adjustment. usually adjustments given below the trail balance.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is Accommodation Bill

1871


Distinguish value andPrice

1429


what is finance what is bpo why do u want join a BPO types of process in BPO Company's

1609


what is pre settlements and post settlements in Derivatives?

1671


My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?

1633






What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?

1667


What are Home Equity Loans ?

1737


what is purchase tax in rajasthan.

1574


Short Answer on _________Financial accounting

1427


What is the working formula for Working Capital Turnover

1654


how we could adj. the entries of prop. & firm in merging time

1516


why funds management doc is generated during migo and miro

1053


what is futures and options?

1655


What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations

1517


are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?

1991