Difference in trial balance
This query is : Resolved
12 May 2014
Trial balance error and it shows difference in opening balance . how can I intercept the particular opening balances.
The company started in 2012 2012-13 accounts not computerized manually maintained.
Inorder to arrive the opening stock entry has created so for current financial year it is showing difference.
Please advice
Regards,
Sankar
The company started in 2012 2012-13 accounts not computerized manually maintained.
Inorder to arrive the opening stock entry has created so for current financial year it is showing difference.
Please advice
Regards,
Sankar
13 May 2014
not getting what u exactly asking?
how u creating opening balance of stock, since you starting co, there must not opening stock.
what is exact problem?
how u creating opening balance of stock, since you starting co, there must not opening stock.
what is exact problem?
14 May 2014
Opening Stock and Closing stock will not appear in the Trial balance. It is only a Balance sheet and Profit and Loss account entry. Remove your opening balance entry the trial balance will tally.
15 May 2014
Only closing balance of Stock must be appeared in Trial. diff on Closing stock - Opening stock shall be part of P&L.
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