1.13 How the Closing Stock Value in Trial Balance calculate?

(For YTD)

- Stock = Current Closing Stk Amt

- Stk At Begin = Always The Beginning Opening Balance (i.e. always is same figure)

- Stk At End = Current Closing Stk Amt -> Always on CR

(For MTD)

- Stock = Current Closing Stk Amt - Last Month Closing Stk Amt

- Stk At Begin = Last Month Closing Stk Amt -> Always on DR

- Stk At End = Current Closing Stk Amt -> Always on CR

Related Article

- Recording the Value of Closing Stock 1

- Recording the Value of Closing Stock 2