closing stock

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Querist : Anonymous

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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

12 July 2011 yes closing stock is part of trail balance.It appears on debit side.

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




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