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    zayi's Avatar
    zayi Posts: 1, Reputation: 1
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    #1

    Sep 7, 2008, 01:51 AM
    Closing stock in trading account and balance sheet
    Why Should Closing stock appear in trading account and balance sheet ?
    Is this the only double entry?
    proflato's Avatar
    proflato Posts: 1, Reputation: 1
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    #2

    Sep 8, 2008, 04:19 PM
    This Is Because The Closing Stock Will Reflect In The Next Accounting Period.
    Remember Balance Sheet Is A Finalcial Statement Which Show The Standing Of A Business. Ir Is Also An Aditional Information.
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