In case of company final account, when closing stock is given in Trial Balance it will be processed on.
A. Credit side of Trading acount only.
B. Asset and credit side of Trading account
C. Appropriation account credit side only
D. Asset side in Balance Sheet only.
Answer:D
In case of company final account, when closing stock is given in Trial Balance it will be processed on.
A. Credit side of Trading acount only. B. Asset and credit side of Trading account C. Appropriation account credit side only D. Asset side in Balance Sheet only.