i would like to know is closing stock appear in trial
balance & it appears in which side in trading a/c

Answer Posted / shanavas

it appears in the Credit side side of the trading account.
and also appear in the Balance sheet under the head Current
Assets.
Not appear in Trial Balance

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form

1358


what is new updates in account

1557


what are the steps used in UAT in Oracle Apps?

1298


WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

1695


if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever

1544






what is corporate accounting?

1555


What Is Depreciation, and from which date do we charge Depreciation for an asset ?

1645


bill to addres? ship to addres? rimit to address?

4538


What is Compliance?

1646


Who will be called as consignee

1615


Expand MNS

1688


When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?

1771


what is account & what is finance

1741


How you implemented a chargeback system?

1791


Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950

1909