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where the closing stock appear in Trial Balance?
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Answer Posted / r.ramesh
IF WE SHOW OPENING STOCK IN PROFIT & LOSS A/C, THEN WE HAVE
TO SHOW CLOSING STOCK IN CREDIT SIDE OF P & L A/C.
OTHERWISE WE HAVE TO SHOW IT IN BALANCE SHEET ASSET SIDE
| Is This Answer Correct ? | 6 Yes | 1 No |
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