Interested to Buy Any Domain ? << Click Here >> for more details...
Why don't show the opening & closing stock in Trial Balance.
- 3 Answers
- 7699 Views
- I also Faced
- E-Mail Answers
Answer Posted / ameer
Opening stock is shown in the tb. Because it is the stock balances of previous year. Whereas closing stock is not entered in tb. Because the stock is created only when purchase made.Purchases are show already in tb.When we show the closing stock, there is the double effect of purchases. Stock is already included in the purchase on the tb
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What are the differences between contrast bookkeeping and accounting
We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?
What is mean by Asset area?
when we can submit Form-C to the Sales Tax Dept. What is the period to issue Form-C to the supplier
what is cost center & cost categories in tally
how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE
How can I put Bank Guarantee Receipt entry in Tally ERP9?
{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?
If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes
how to reduce the interesting giving to debts ?
is WCT aplicable on educational institutions also??????
what is miscellaneous expenditure??
Pls let me know Job profile for Account Manager.
I have 4 four category of emplies say Admn/Markting/Procurment/Production and the employees of thee category have there bank accounts in 5 or six different banks. How can i generate Payroll advice for the employees having account in A Or B OR C Or D falling under above category
GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry
