Is stock/inventory on hand recorded on trial balance?

Question added by Mvula M
Date Posted: 2016/04/11

Upvote (0) Views (1) Followers (3) Answers (2) Report Question

by Shazia Anees , Assistant Manager Finance , Arham Trading Company

the closing balance of inventory account appears in the trial balance.

by Nagaprasad Shankaregowda , Senior Cost Accountant , Advanced Electronics Co. Ltd

Yes it will recorded as closing stock

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