Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / chandra shekhar
To understand this we need to understand first what is
trial balance? A Trial Balance is a statement of ledger
account balances and closing stock is not a ledger
anymore. For example when we purchase something we pass
journal entry “ Purchase A/c Debit” not stock A/c
Debit. We never make a ledger in the name of “closing
stock”. Closing Stock = Opening Stock + Purchases – Sales.
| Is This Answer Correct ? | 15 Yes | 3 No |
Post New Answer View All Answers
Define Bill of Exchange
Total numbers of companies listed on stock Exchange?
what do u mean by comparative budget?
What is the working formula for Inventory turnover
How can I find out my credit rating score for free?
how to do finalisation account ,pls tell me step by step ?
Short Answer on __________Leverage
what is contigent liabilities? whats it status in balance sheet?
What is ABC Analysis in industrial function. hw can it s maintain ?
Expand BFSI
MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?
i have need full detail of tds rules and forms submitted dovetails
why are you selecting for the controlling area same company code?
What is fixed liabilities
i am the student of icwai (intermidiate) What is the tds and how use the different state ..
