I am confused fwhy closing inventory of 240 not recorded in ledger

lithish kumar

CA Inter

★ 240

16-May-20 12:23

which chapter?

ruchi lahoti

Moderator

16-May-20 12:34

Chapter 2 unit 2: ledgers Page: 2.33 illustration 1

lithish kumar

CA Inter

★ 240

16-May-20 12:49

Could anyone clear it

lithish kumar

CA Inter

★ 240

16-May-20 19:13

Because it is already add in credit side I.e Credit side: Profit and loss a/c 2320 Balance c/d 240 ------------ 2560 -------------

harsha t

CA Foundation

★ 175

17-May-20 05:33

Thank you Sriharsha

lithish kumar

CA Inter

★ 240

17-May-20 07:22