is opening stock shown in trial balance?
Aman Kumar
(Accounts Executive)
(744 Points)
Replied 02 January 2019
opening stock would appear on the debit side of the trial balance.this opening stock is the previous years closing stock.
Aman Kumar
(Accounts Executive)
(744 Points)
Replied 02 January 2019
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 02 January 2019
Prakash Gehani
(Consultant & Teacher(Whatsapp 8718057907))
(1306 Points)
Replied 02 January 2019
Ravi Singh
(student)
(23 Points)
Replied 05 January 2019
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3405 Points)
Replied 05 January 2019
On accounting year ending the closing stock will be calculated on the basis of physical stock on hand and incorporated as adjustment entry.
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