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Answer Posted / rakesh
closing stock not shown in the trial balance because its
year ended item. closing stock has a profit thats cant be
shown in current year. that why it cant be shown in the
trail balance. some times it can be shown in the trial
balance , in that time it was not adjusted from purchase.
means it doesn't adjusted from trial balance.
| Is This Answer Correct ? | 14 Yes | 42 No |
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