Closing stock in the Trial Balance implies that______________?

A: It is already adjusted in the opening stock

B: It is adjusted in the Purchase A/c

C: It is adjusted in the Cost of Sale A/c

D: It is adjusted in the Profit &Loss A/c

Check Correct Option

It is adjusted in the Purchase A/c

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Closing stock in the Trial Balance implies that______________?

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Accounting MCQs