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  3. Study Set
    Principles of Accounting
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    Exam 1: Accounting Basics and Principles
  5. Question
    If Closing Stock Is Mentioned in Trial Balance,Where Is It
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If Closing Stock Is Mentioned in Trial Balance,Where Is It

Question 16

Question 16

Multiple Choice

If closing stock is mentioned in trial balance,Where is it shown in Final Accounts?


A) Credit side of Trading A/c
B) Asset side of Balance Sheet
C) Both A and B
D) Not shown anywhere

Correct Answer:

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