Why closing stock are not shown in trial
balance?
Answer Posted / soumya ranjan barik
If the purchases are shown in trial
balance after deduct closing stock then
the closing stock are shown in ttial
balance.if not the closing stock are
included in the purchase.
| Is This Answer Correct ? | 6 Yes | 3 No |
Post New Answer View All Answers
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
what is groups and and ledgers in tally can you give why we need to prepare them
How do I charge bank charges on payments to clients
What does the abbreviation m mean in accounting?
one bank account transaction example ebanking raj medical 500000 dr. second bank account ebanking raj medical 500000 cr what is the entry in tally erp can it is contra contry or not please explain
Define partitioning in accounting?
cash credit taken from bank then what is the general entry?
What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?
what will be the possible question for an interview in account post as a fresher
Explain fictitious assets?
What is the difference between inactive accounts and dormant account?
Explain me some of the examples for liability accounts?
What is cash flow and fund flow?
What is an adjusting journal entry?
How many invoices on average do you handle on a weekly/monthly basis?