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Closing stock

This query is : Resolved 

13 July 2011 Hi,

Why Closing stock is not shown in Trial balance? pls tell with example

Thanks
Monia

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Guest (Expert)
13 July 2011
Trial Balance shows the list of All the Accounts with balances as on a particular Day.

As “Closing Stock” is not an “Account” it is not there in the List.



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