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It’s depend upon type of business.
Example1: Trading Company
We are debiting Purchase A/c and Crediting AP/Cash A/c and there is no ledger creating for closing stock So there is no closing stock can show in unadjusted TB.
While adjusting TB you can ADD value as Dr & Cr for closing stock value, which Cr will consider in P/L and Dr in B/S.
Example2: Contracting Company
Here inventory is debiting instead of Purchase A/c, where the material is using as raw material. So, this will appear in TB. Because there is a ledger Account creating as Inventory.
Hope this example will give a solution for this argument.
Purchaes or ending inventory appars in trial balance at its net value. All the balance writtein on trial balance have their net or closing balance. SO closing stock will be included on trial balance. I can prove it by taking an exmaple under perpetual method.
INventory account Debit 2,000
A/P 2,000
then in the middle of year we sold costing 1,000 on 1,500
So we pass sale entry and pass cost of good sold entry just to understand the occuring.
cash 1,500
Sales 1,500
Cost of good sold 1,000
Inventory 1,000
Trial balance
Debit Credit
Inventory 1,000
Cash 1,500
CGS 1,000
Sales 1,500
A/P 2,000
Total 3,500 3,500
Please follow the above example to understand the closing stock is show on trial balance or not. SO it mean it is included as per stated example as all account are recorded on their net value.