Journal entry for opening stock

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Querist : Anonymous

Querist : Anonymous (Querist)

28 May 2012 Hello expert's ,
Anybody let me know what is the Journal entry for opening stock and closing stock ?

vishwash agarwal

vishwash agarwal (Expert)
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29 May 2012 Journal entry in case of closing stock
( A ) Trading A/c Dr
to Stock A/c
it is final adjustment

this stock transfer in next year , and it makes opening stock
Stock Account

Date Particulars Amount Date Particulars Amount
31.3.2011 To balance C/d 10000 31.3.2011 By trading A/c 10000
( Closing stock)
10000 10000
IN NEXT YEAR
01.04.2011 To trading A/c 10000 01.04.2011 To balance b/d 10000

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vishwash agarwal

vishwash agarwal (Expert)
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29 May 2012 Also fpr any further querries pls refer my name card

Name : Vishwash Agarwal
Mobile No - 07666515328
Mail ID : agarwal.vishwash@gmail.com
also connect with me
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Gajjala Satheesh

Gajjala Satheesh (Expert)
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29 January 2013 Dear Sir,

Plz tell me what is the entry for closing stock. We have not entered the Opening Stock in Tally, working in a Hotel field for the new hotel for the first time.

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