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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- GST Regis.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
