Interested to Buy Any Domain ? << Click Here >> for more details...
Why don't show the opening & closing stock in Trial Balance.
- 3 Answers
- 7985 Views
- I also Faced
- E-Mail Answers
Answer Posted / k.r
we show Opening balance in trial balnce but not show
closing balance , because we show purchase and sale than we
find automatically closing stoch with the figure of
Purchase and sale
| Is This Answer Correct ? | 6 Yes | 4 No |
Post New Answer View All Answers
what is gl a/c? & why is it maintain
What does the word credit mean in terms of accounting?
What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
what is one way , two way matching , three way , four way matching ?
Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.
What are the uses of journal in accounting?
Tell me what steps would you take to increase revenue for this company?
Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?
Explain a time when you have not met your goal?
Describe the proof of cash type of bank reconciliation?
what is the format of salary slip when basic , D.A.H.R.A. ,conveyance allowence , concluded and in deduction part P.F. E.S.I. & P.Tax.
can any one send me tally professional version link
Tell me about an invoice discrepancy you discovered and how you resolved it
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
