Which type of stock show in trail balance. Op. Stock or Cl.
Stock & Why?
- 9 Answers
- 10808 Views
- I also Faced
- E-Mail Answers
Answer Posted / raju
closing stock wiil post in trail balance because of what is
trail balance it means all ledgers closing balances shown
on trail balance so closing balance will take.
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?
Define tally accounting
What is a business transaction in accounting?
how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you
dear i want basic a\C's oriented question. these are asking in mostly all mnc companies
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.
What is the purpose of financial statements?
when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions
Explain me have you ever heard about tds, what it is?
What is accounting period?
What do you mean by ledger posting?
Why we debit expenses and credit incomes ?
What are the reasons which cause pass book of the bank and your bank book not tally?
What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
