Accountancy, asked by prakharmehra19, 2 months ago

how would you treat closing account that appeared outside the trial balance​

Answers

Answered by ItzSiddhi3009
4

Answer:

Closing stock is the balance of unsold goods that are remaining from the purchases made during an accounting period. The value of total purchases is already included in the Trial Balance . If closing stock is included in the Trial Balance , the effect will be doubled. Hence, it will not reflect in the Trial Balance.

Explanation:

mark me brainliest

Similar questions