Accountancy, asked by sainihardeep353, 8 months ago

at the end of financial year during which sale of goods worth 2 lakhs,the closing stock is valued at rupees 10000 this is called what

Answers

Answered by anjalimishra1532000

2

Answer: sale is the revenue recorded in the trading a/c

but the closing stock is the asset of the business hence , and transfer in the balance sheet in the asset side .

Answered by harmangill1901

1

Answer:

an event as well as transaction

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