Closing stock
This query is : Resolved
13 July 2011
Hi,
Why Closing stock is not shown in Trial balance? pls tell with example
Thanks
Monia
Why Closing stock is not shown in Trial balance? pls tell with example
Thanks
Monia
Guest
Guest
(Expert)
13 July 2011
Trial Balance shows the list of All the Accounts with balances as on a particular Day.
As “Closing Stock” is not an “Account” it is not there in the List.
Trial Balance shows the list of All the Accounts with balances as on a particular Day.
As “Closing Stock” is not an “Account” it is not there in the List.
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