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What is the type of principal for CLOSING STOCK. and why we
show closing stock two time that is once in trading account
and another time in assets. if closing stock is Real
account than what about showing in trading account as we
dont show real account type in trading account. thanks
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Answer Posted / anant singh
Question :-
Any other Similar items, we should take care of in similar
manner(Adjustments).
in other words: What are the common items we can Example/see
in Trading/P&L Account as well as in the Balance Sheet?
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