What is the Journal Entry of Closing Stock (Raw Material) of
a manufacturing Company
Answer Posted / poonam
Trading A/c Dr
To Closing Stock A/c
Because of Closing stock is cr. side of trading a/c, so i think above my answer
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?
How to pass an general entry for materials which are stored in warehouses??????
can any accountant forward format of daily or monthly mis format for accounts and finance dept!!
What is the difference between Accruals and Provisions?
Tell me what does the standard journal entry includes?
What do you debit and credit if discount allowed is underrated?
Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????
What does an accurate trial balance suggest?
What are the steps involved in project implementation?
How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500
What is the importance of accounting standards?
Tell me about an invoice discrepancy you discovered and how you resolved it
HP EMPLOYYES - If any one in HP company, Please give refernce for attend the Accounting Job in chennai,Bpo- chetpet.If any one Worked there Please,Send mail to me Umaiyo@gmail.com.I have 1 year exp in banking sector, & 8 months exp in accounting in SIEMENS, at present I'm searching for a job.If any person see this mail,Kindly send mail to me. Thank U Friend.
Differentiate between provision and reserve?
How did you chose your university?