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प्रश्न
Closing stock appears in the Final Accounts in the ______.
विकल्प
Trading account only
Profit and Loss account and Balance Sheet
Balance Sheet only
Trading account and Balance Sheet
MCQ
रिक्त स्थान भरें
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उत्तर
Closing stock appears in the Final Accounts in the Trading account and Balance Sheet.
Explanation:
The trade account calculates the cost of products sold, whereas the balance sheet presents it as a current asset, representing the value of unsold stock at the conclusion of the accounting period.
shaalaa.com
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