Which type of stock show in trail balance. Op. Stock or Cl.
Stock & Why?
Answer Posted / umamaheshwara rao
opening stock, Because last year closing stock will become next year opening stock.closing stock will be showing in trading A/C
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Explain what is account receivable?
what is subscription order
sale cycle
how to calculate basic to gross salary
Tell me the types of accounts involved in double entry book-keeping?
Dear Sir I had already export to dubai. now I am to know that can I enter this sale entry in RG1. pls guide me.
A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.
What is trial balance? What does an accurate trial balance suggest?
Can share warrants issued by the company be considered as potential equity shares? If yes, then will it be considered for calculating dilutive EPS?
what is the head for stock trnasfer
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
What is general entries for Deffered Tax?
What is departmental accounting? Give an example
Tell me what is “deposit in transit”?
Explain what is liabilities and what all does include in current liabilities?