Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Where Closing stock will reflect in balance sheet?

Answer Posted / avvari bharathi

Closing stock reflects in assets side in balance sheet. The
"Closing Stock a/c" gives the information relating to the
value of the stock (as an asset) unsold at the end of the
accounting period. By recording the journal entry for
Closing Stock.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Which banks give preference to nbet candidates?

1061


How is online banking beneficial to us?

1145


What is FPI?

1133


Which was the first company to be listed in NASDAQ?

1067


What are the most essential qualities of a Banker?

1062


Why do companies find public deposits attractive?

1070


What is credit card?

1149


What Is The Monthly Close?

1148


Explain the term recession?

1080


Is There Any Restriction On Maximum Number of Share Holders in Public Limited Company?

1098


What is the use of color boxes in WTO category of subsidies?

1031


What is Belgaum issue?

1114


How is the 'budget' processed?

1057


What is Sensex? How is it calculated?

1130


Differentiate between Balance of Trade and Balance of Payment?

1132