Dear Gurus,
Why Closing stock is not shown in Trial Balance ??
Regards
Sridhar
1 Replies
Debasis
(MBA(Finance) student>>CS)
(86 Points)
Replied 19 August 2010
Closing stock=Opening stock +Purchases-Sales
Hence no need to show in trial balance.Because the effect will be doubled.
There is another topic on this before discussed .
So please serch first before posting the topic. here is the link:
/forum/why-closing-stock-is-not-shown-in-trial-balance--99857.asp
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