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Trial Balance and Rectification of Errors — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountTrial Balance and Rectification of Errors1 Mark
Question
When is Closing Stock shown in the Trial Balance?
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Answer

Closing Stock is shown in the Trial Balance when the adjusting entry for Closing Stocks is passed in the books of account. It means that closing stock is adjusted against the purchases.

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