From the wording of the question and lack of information given it can only be guessed what is being asked.
It MAY refer to a judge's order to "close" a courtroom, excluding the general public from attending the hearing or trial.
This is OFTEN done when minor children are the victims, or are material witnesses to the facts of the case, and occasionally in some sex crime trials.
Yes, it is typically credited on the Post-Closing Trial Balance.
before we find gross profit ,after we got net profit
The post closing trial balance contains all accounts that are in the General Ledger, with the exception of any "closed accounts" such as revenue, expenses, etc.A post closing trial balance is created after all adjusting entries and closing has been done to the ledger.My first answer I answered with Trial Balance or Adjusted Trial Balance in mind, as stated above, Post Closing Trial Balance is filled out AFTER all expense, revenue, and other related accounts have been closed.
The adjusted trial balance includes depreciation and other adjustments. This is the account balance that changes between the adjusted trial balance and the post closing trial balance.
yes,it will come in trial balance
I think your question is wrong ..or you must have not solved tough questions in which closing stocks do appear in trial balance
No, Sales, as a Revenue Account of the Income Statement, is a temporary account, which should not appear on the post-closing trial balance.
Post-Closing literally translated means "after the closing". A post-closing trial balance is created after all temporary accounts (expenses, revenue) are closed to the income summary and then the statement of retained earnings.The post closing trial balance will contain these permanent accounts. Assets, Liabilities, and all Equity accounts. (including retained earnings and stock)
The final argument in a trial.
sales
Closing Arguments - 2001 Saddam Hussein on Trial was released on: USA: 5 December 2005
It means that the closing stock will appear in trial balance