Does closing stock appear on the debit or credit side of the trial balance?

Question

Accepted Answer

Closing stock appears in the credit side of the Trial Balance.

Closing stock is an asset and assets have a normal credit balance.
In the Trial Balance, assets are listed on the debit side and liabilities and equity on the credit side.
Therefore, closing stock will appear on the credit side of the Trial Balance.
Example: If the closing stock amount is $10,000, it will be listed on the credit side of the Trial Balance.
This indicates that the business has $10,000 worth of inventory at the end of the accounting period.

Accepted Answer

None of those. Closing stock is provided additionally

Accepted Answer

Not side of closing stock becouse closing stock by 2 effect that why closing stock also showing on adjustment..

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