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Opening stock in trial balance

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(Querist)
21 March 2012 Respected Sir

As we know opening stock is shown in T.B. but i want to know that why closing stock is not shown in T.B? and why only is opening stock shown in T.B.?

Thanks
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
28 March 2012 Closing Stock affects both the P&L and the Balance Sheet.

So it has both credit balance and debit balance.

Even if you show closing stock in the Trial Balance, it will cancel out.

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