Which is the adjustment
which is not a part of
Trial balance but a
part of Balance sheet ?
Answer Posted / md asif ali
closing stock is the part of the balance sheet use to
make as adjustment. exp:closing stock showed in credit side
of the trading a/c and also asset side of the balance sheet
(for the adjustment)
Trial balance: closing stock in trial balance just posted
(if given) but its no the part of the adjustment
| Is This Answer Correct ? | 0 Yes | 4 No |
Post New Answer View All Answers
Compare financial accounting and cost accounting.
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
what are the limitations of accounting conventions
What Is Differ tax,
How can I put Bank Guarantee Receipt entry in Tally ERP9?
What is the Full Procedure of Purchase ?
What is the Technology used to carry out trades? Pls Tell me as early as possible.
what is revenue recognition rule, and can you specify the answer.
What is mean by working capital?
what is the due date of 28th feb
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
What is general ledger account?
What qualification do you need to become an accounting professional?
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
Is buy or sale trade will impact on Nov? Yes/No Please explain.