y closing stock not come in trial balance

hi

Trail balance includes opening stock , purchases and sales figures.

closing stock (in units) = opeing stock +purchases-sales.

closing stock is also shown in trail balance by way above indirect route.

The reason why closing stock is not taken into account in a 

trial balance is because a trial balance is a balance of 

all ledger account a given point in time.It records only 

transactions which have a two way effect for EG:Purchases 

where goods are bought against cash or credit and sales 

where goods are sold against cash or credit..But closing 

stock is not a transaction having a two way effect any 

given point in time.It is only an indication of the goods 

lying in the factory at the end of the year.It is therefore 

showed below the trial balance and not in the trial 

balance.However in order to derive at the exact gross 

profit the closing stock is taken into consideration in the 

trading account and also appears as an asset in the 

balancesheet.

closing stock = opening stock + purchase – sales

This is because it is a post trial balance adjustment

effected after the trial balance has been adjusted. the

adjustment entry is as follows

DR Stock

CR Income Statement

The debit balance for stock is what appears in the balance

sheet.

The credit balance to the income statement is effectively a

deduction from cost of sales, since unsold stock is not part

of cost of sales for the period

Closing stock does not come in the trail balance beacuse the stock in hand 
is already included in the purchases. If you want to include the closing stock 
in the TB then you need to deduct the cost from the Purchases

Closing Stock will come in the TB under Current Assets.