When will adjustment of closing stock be required to be done?

When it is given in trial balance

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When it is given in the trading account

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When it is given in the additional information

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None of these

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Solution

The correct option is C
When it is given in the additional information

Adjustment of closing stock is required to be done only when it is given in the additional information.

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Similar questions

=

11, 000

= 1 / 10^{t h}

1, 00, 000

If 'adjusted purchases' and 'closing stock' are given in the trial balance, will you transfer 'closing stock' to trading account? Give reason.

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