Which type of stock show in trail balance. Op. Stock or Cl.
Stock & Why?
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
How to prepare in yearly turnover?
how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.
why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason
correction of sundry creotors
Tell me what is an over accrual?
rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.
What does the abbreviation dr mean in accounting?
What is fitting and fixtures?
What are assets minus liabilities?
Purchase and sales sahres accounting entry which have stt brokerage and other taxes
Do you know what is balance sheet?
Recent trends in Corporate Governence?
Explain fictitious assets?
What software applications have your used for accounts receivable?
Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?