Stock reserve in relation to closing stock appears

Asked by admin @ 26/08/2021 in Math viewed by 310 People

Answered by admin @ 26/08/2021

Answer:

The opening stock appears on the debit side of trading account and to reduce it to its cost the stock reserve is transferred to the credit side. ... As the closing stock is on the credit side of trading account and above cost we reduce the profit element by debiting the General P&L a/c.

Closing stock appearing in the trial balance is shown

Asked by admin @ 20/08/2021 in Accountancy viewed by 464 persons

Closing Stock appearing in the Trial Balance is shown : a. On the Dr. side af Trading A/C b. On the Cr. side of Trading A/cC On the Assets …

Relation between reserve money and money supply

Asked by admin @ 10/08/2021 in English viewed by 261 persons

Discuss the relationship between reserve money and money supply

The amplitude of a sound wave is closely related to

Asked by maham237 @ 08/06/2021 in Physics viewed by 359 persons

(1) speed (2) wavelength (3) loudness (4) pitch

Angiosperms are most closely related to _____.

Asked by wiki @ 30/10/2020 in Biology viewed by 334 persons

a. gymnosperms b. bryophytes c. green algae d. seedless vascular plants e. charophyceans

Which tech buzzword is closely related to artificial intelligence ai

Asked by admin @ 03/08/2021 in Computer Science viewed by 335 persons

Which tech buzzword is closely related to AI?

The bullfrog rana catesbeiana is most closely related to the

Asked by admin @ 02/08/2021 in Biology viewed by 262 persons

The bullfrog Rana catesbeiana is most closely related to the?

Abnormal items included in closing stock should be

Asked by admin @ 29/08/2021 in Accountancy viewed by 504 persons

Abnormal items included in closing stock should beopening stock can be ascertained by preparing

If closing stock is overvalued how to rectify it

Asked by admin @ 23/08/2021 in Accountancy viewed by 492 persons

In goodwill chapter there are certain questions like stock is undervalued or overvalued ... And in some while subtracting in the year in which overvaluation or undervaluation takes place we …

Access management is closely related to which other process

Asked by admin @ 17/08/2021 in Sociology viewed by 297 persons

Access management is closely related to which other process

The amplitude of a sound wave is most closely related to the sound’s (1) speed (3) loudness (2) wavelength (4) pitch

Asked by maham237 @ 13/01/2021 in Physics viewed by 337 persons

The tendency of an element to react is closely related to

Asked by maham237 @ 28/11/2020 in Chemistry viewed by 262 persons

A. its atomic mass. B. attractions between its atoms. C. the number of valence electrons in atoms of the element. D. the ratio of protons to neutrons in atoms of …

What kinds of evidence indicate how closely species are related

Asked by admin @ 29/10/2021 in Biology viewed by 253 persons

Describe two types of evidence–other than the comparison of DNA sequences–that can be used to determine the phylogeny of organisms. Discuss one strength of each type of evidence you described?