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...

When the closing stock will be reflected in trial balance &
at what value

Answer Posted / bujji babu(piler)

only opening stock is taken in debit side of the trail
balance and closing stock will be taken always in
adjustments after preparing trail balance

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Give ONE reason for Balance Sheet to be out of balance

2002


rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

2107


Define depreciation and its types?

1090


From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast

2006


Explain financial accounting.

1159


What is deferred account?

1210


Tell me where do generally accruals appear on the balance sheet?

946


What is the use of form D in sale tax

1931


Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs

1131


Explain in simple terms what is the difference between asset, equity, and liabilities?

1059


Hi wht r da questions which are mostly asked in an Accounts related job for freshers?

1924


WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET

8633


What are the types of liabilities accounts?

1032


in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.

2104


why i want to join Hawkins company

2233