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Which of the following accounts would not be closed at the end of an accounting period?

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تم إضافة السؤال من قبل Mohamed Hakeem Meerashahib , Branch Manager , Sri Lanka State Trading (General) Corporation
تاريخ النشر: 2016/02/17
SIVA PESALA
من قبل SIVA PESALA , Accounts Assistant , B R REDDY AND ASSOCIATES

CAPITAL STOCK WILL NOT BE CLOSED AT THE YEAR END

 

abdelrahman mohamed
من قبل abdelrahman mohamed , محاسب , مركز الجُمان للاستشارات الاقتصادية

the correct answer is d.capital stock

Anwar Ahemad Khan
من قبل Anwar Ahemad Khan , Chief accountant Cum Office Incharge , Culligan Kuwait for Water Treatment Equipment WLL

D- Capital stock would not close at end of the accounting period

Santosh Kumar Arukh
من قبل Santosh Kumar Arukh , AGM- FINANCE & TAXATION , JFE ENGIEERING CORPORATION

B) Dividend : is not closed at end of Accounting period. As this is assessed on the available Reserve fund & profit. In fact this is declared at the Annual General Meeting which is conducted by Share holders after closing the accounts. The financial statement & notes read in meeting to disclosed the changes in company

Jabeulla Shaik
من قبل Jabeulla Shaik , Sales executive , Iris solars

Capital stock accounts are not b ended at the end of an accounting period

abdelaziz allam
من قبل abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م

Capital Stock...................

Muhammad Naveed Yar Khan
من قبل Muhammad Naveed Yar Khan , Senior Tax & Treasury Accountant , SAIPEM PORTUGAL COMMERCIO MARITIMO

The correct answer is D - "Capital Stock"

مستخدم محذوف‎
من قبل مستخدم محذوف‎

D. Capital Stock All nominal accounts will be closed at the end of the accounting period. Income summary and revenue are nominal accounts; dividends are closed to RE. So the answer is capital stock which is a real account (reported in Stockholder's Equity)

Saravanan Eakambaram
من قبل Saravanan Eakambaram , Supervisor (Electrical) , Bahwan Engineering Company LLC

C. Revenue ( The revenue account will not be closed at the end of an accounting period

rawad talal
من قبل rawad talal , Accounting Manager , Sabbah pictures –FZ-LLC

b. Dividends WILL  BE CLOSED AT THE NEX  YEAR END

Hossam Badawy
من قبل Hossam Badawy , Senior A/R Accountant , Jarir Bookstore

capital stock not to be close

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