Interested to Buy Any Domain ? << Click Here >> for more details...
Why closing stock are not shown in trial
balance?
- 4 Answers
- 6696 Views
- PSU, I also Faced
- E-Mail Answers
Answer Posted / shyam kumar
Closing Stock is the combined result of the (Opening stock
+ Purchase - sales ) for which we already entered in
Ledger and Trial A/C . showing again is just giving the
doubt effect to account
| Is This Answer Correct ? | 11 Yes | 1 No |
Post New Answer View All Answers
What are the 4 principles of gaap?
What is double-entry accounting? Explain with an example?
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.
Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx
if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system
Tell me what steps would you take to increase revenue for this company?
What is "deposit in transit"?
What would be the entry at the time of Generating Tution Fee Challan for Advance fees. (e.g In the Month of April, Fees of June and July in being asked to pay by school to their students?,
What are the 5 basic accounting principles?
How Can We Differ Horizental & Vertical Balace Sheet? Explain.
if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me
Define social responsibility accounting
How much mathematics knowledge is necessary or required in accounting?
Capital secure should be shown in which side of the balance sheet?
how to prepare brs statement for company in tally
