why closing balance do not come in trial balance?if it is in
which case it comes?
Answer Posted / satyanarayanaraju
All closing ledger balances will be placed in trial balance
But closing balance of stocks will not be placed here. It
is an adjustment entry which will be passed in the year end
by taking the physical balance valued at the least price of
market or purchase price into consideration
| Is This Answer Correct ? | 18 Yes | 0 No |
Post New Answer View All Answers
HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.
which name written in Tan application form Applicant is sole proprieter companies name or individual name?
what is circuit filter?
I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks
Indian Iran Gas pipeline
Why we reconcile our debtors? what steps we taken during reconciliation.
what do you meant auction? what is F & o segment?
Expand-------MUR
What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?
Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
explain sales/purchase accounting?
I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.
What three Specific Job Positions do you target from the Industry
let me know the difference between net cash flow and income