Interested to Buy Any Domain ? << Click Here >> for more details...
Which type of stock show in trail balance. Op. Stock or Cl.
Stock & Why?
- 9 Answers
- 12975 Views
- I also Faced
- E-Mail Answers
Answer Posted / s s koodi
as per accounting rules we should take a closing stock
because the present year closing stock becomes the opning
stock for the nex assessment year
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP
WHAT ARE THE DIFFICULT ELEMENT OFF JOB
Tell me what is the equation for acid-test ratio in accounting?
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
Do you know what is the importance of team work in this position?
What are the different types of gst?
You are a B.E Student? How can u manage Banking?
salary payable deduct tds entry
Is buy or sale trade will impact on Nov? Yes/No Please explain.
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.
How Can We Differ Horizental & Vertical Balace Sheet? Explain.
Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
What is fitting and fixtures?
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
