meaning of legacy in account & treatment of final account as an adjustment
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Adjustment Entry: Closing Stock A/c--- -----Dr. To Trading A/c. The Closing Stock is treated in the Final Accounts as follows:- On the Credit
Deepakkohli1:
पता नही तो mt bol wrong Answer
not closing stock
tum bhadak kyu the Ho agar galat hai to batao na
tameez se bat karni nahi aati kya
I didn't say you anything i was asking about legacy and telling about closing stock
sorry I didn't know right
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it means a culture followed by generations
but is treatment of it in final account
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