Closing stock in the Trial Balance implies that______________?

A. It is adjusted in the Cost of Sale A/c

B. It is adjusted in the Purchase A/c

C. It is adjusted in the Profit &Loss A/c

D. It is already adjusted in the opening stock

Found an error? Read our corrections policy and report it in the comments below.

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.