Accountancy, asked by yaseen1321, 11 months ago


3) Which is the accounting concept that requires the practice of crediting closing stock to the trading account​

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Answered by dikshadevyani1201
0

Answer:

Matching is the accounting concept that specifies the practice of crediting closing stock to the trading account. Explanation: Matching concept in accounting states that revenue and the expenses made to earn the revenue should be matched.

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