No
Where does trustee Fund appear in trial balance
The types of accounts that appear on the post-closing trial balance are the permanent accounts; Assets, Liability and Owner's capital. Permanent accounts is also called real accounts.
yes,it will come in trial balance
It means that the closing stock will appear in trial balance
YES
no.capital is not a liabilities .capital is a amount which is invest in a business
Where does trustee Fund appear in trial balance
The types of accounts that appear on the post-closing trial balance are the permanent accounts; Assets, Liability and Owner's capital. Permanent accounts is also called real accounts.
Depreciation Expense
yes,it will come in trial balance
It means that the closing stock will appear in trial balance
YES
The ledger balance shown in the trial balance and adjusted trial balance represents the amount of adjustments to be made.
sales
In a trial balance, debtors (or accounts receivable) are recorded under the assets section. They typically appear as a separate line item, reflecting the total amount owed to the business by customers. This amount is usually listed as a debit balance, as it represents money that is expected to be received in the future.
yes opening stock appear inthe trial balacne trail balance is the blance of all the balance at the given point of time & the value of the opening stock is put in the ledger as a opening balance
A. 6,766.54