Can closing stock be shown in Trial Balance ?
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Answer:
Therefore, closing stock cannot appear in the trial balance because there is no such account. However, if closing stock and cost of goods sold are present in the trial balance, it means that the above entries have already been passed. Therefore, purchases and opening stock cannot appear in the trial balance.
Answered by
0
Answer:
Therefore, closing stock cannot appear in the trial balance there is no such account. However, it closing stock and cost of goods sold are present in the trial balance, it means that the above entries have already been passed. Therefore. purchases and opening stock cannot appear in the trial balance.
Explanation:
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