Answer Posted / ali
A trial balance is a list of all the ledger (general ledger)
accounts contained in the ledger of a business and there is
no ledger heading "stock", so..... (logical)
Closing stock is not a balancing figure of any ledger. Its
valued according to the company policy or the thumb rule (mkt
rate/ bought rate whichever is less), so.... (technical)
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What are the characteristic features of financial accounting?
Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me
what is the enty for contract bill raised?
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
can any one send me tally professional version link
Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33
Sold goods to Gasha 600 by cash
WHY U HAVE CHOOSE ICWA WHY NOT CA
how to prost entry for purchases with a bill
Can you name different branches of accounting?
What is the difference between perpetual & periodic inventory system?
adjustment entry showing in tally such as outstanding salary prepaid salary etc.
how to assign the cost center to GL Account in SAP (FICO)
what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
