Accountancy, asked by ramanandyadav1619, 17 days ago

In case of a manufacturer, opening stock of finished goods is shown * on the Debit side of Trading A/c on the Debit side of Manufacturing A/c on the Credit side of Trading A/c on the Assets side of the Balance Sheet

Answers

Answered by kingsoumya1234

Answer:

In Trading and Profit and Loss account, opening stock appears on the debit side because it forms the part of the cost of sales for the current accounting year

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In case of a manufacturer, opening stock of finished goods is shown * on the Debit side of Trading A/c on the Debit side of Manufacturing A/c on the Credit side of Trading A/c on the Assets side of the Balance Sheet​

Answers

In case of a manufacturer, opening stock of finished goods is shown * on the Debit side of Trading A/c on the Debit side of Manufacturing A/c on the Credit side of Trading A/c on the Assets side of the Balance Sheet