Closing stock

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Naveena N

Naveena N (Querist)
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12 September 2014 why trail balance does not include closing stock

CA VISHWAKEERTHI.P.S.

CA VISHWAKEERTHI.P.S. (Expert)
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12 September 2014 Trail balance had only opening balance i.e., closing balance of previous year. .

Closing balance have two side effect i.,s credit the trading a/c and debit the current assets .

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Closing stock

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