Closing stock in Trail
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2010
is Closing shock an item of Trail Balance, if yes then state it is so
regards
regards
23 August 2010
closing Stock is not an item of trial balance because it is effected in P/L. P/L is also show effect in T/B. Profit and loss is result of net effect of C/s and O/s. So closing stock does not show on T/B.
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2010
then why opening shock in mention in Trail Banlance since Closing Stock in not mention
Please inform
Please inform
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