Easy Office
LCI Learning

closing stock

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 July 2011
I want to know closing stock is part of trail balance.in trail balance which side is show dr/cr
Profile Image

Kumar Babu.G

Profile Image

Kumar Babu.G (Expert)
12 July 2011 yes closing stock is part of trail balance.It appears on debit side.
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
14 July 2011 Closing stock is not part of trial balance, it is already loaded in purchase accounts, so again it will not be part of Trial balance
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links