أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Closing stock is the leftover balance out of goods which were purchased during an accounting period but are unsold till now. Total purchases are already included in the trial balance, Hence closing stock should not be included in the trial balance again. If it is included, the effect will be doubled.
