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Answer Posted / yatin
WE CAN SHOW CLOSING STOCK IN TRIAL BALANCE BY DOING
ADJ.ENTRY CLOSING STOCK A/C DR.
TO PURCHASE A/C
WE WANTED TO DO THIS BECAUSE BEFORE THAT ENTRY THERE IS NO
TRANSICTION WICH EFFECT CLOSING A/C.IF WE DO SO WE WILL NOT
SHOW CLOSING A/C IN TRAING A/C BECAUSE IT IS ALREADY
DEDUCTING FROM PURCHASE A/C.
BUT NORMALLY WE DO NOT DO ABOVE PROCESS
| Is This Answer Correct ? | 6 Yes | 2 No |
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