when is the closing stock shown in the trial balance?
Answer Posted / prarup shrestha
The Closing Stock should be shown at the end of the Fiscal
Year so that to calculate the earning. This means at the end
of the F/Y a journal for closing stock adjustment should be
raised.
| Is This Answer Correct ? | 10 Yes | 10 No |
Post New Answer View All Answers
What is external audit?
THIS QUESTION IS RELATED TO PAY ROLLS IF ANY BODY HAS THE FORMULAES IN EXCEL ABOUT PAYROLLS CALUCULATIONS PLS HELP ME OUT
i want question papers audit staff selection examination
who is the auditor and his deautis
How will you calculate impairment of assets of a software company?what is the necessary steps briefly describe?
Explain the importance of evaluating an internal audit department?
When should a company sack its auditor?
A company charity (gross income 250k) wishes to take advantage of the audit exemption regime. However, there is an audit provision in the company's Articles. Should they be required to change the Articles?
is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me
Explain the importance of internal audit to the organization?
What does an internal audit charter contain?
what is audit & activities of auditor?
What are the different advantages and disadvantages of internal audit?
What are the objectives of internal audit?
Whats are the importance of evaluating an internal audit department?