Which of the following are affected if the closing stock is given in adjustments? Options: A . &nbsp Profit & loss account & balance sheet B . &nbsp Trading account & Balance Sheet C . &nbsp Cash Flow Statement & Balance Sheet D . &nbsp Balance sheet only

Which of the following are affected if the closing stock is given in adjustments

Question

Which of the following are affected if the closing stock is given in adjustments?

Options:

A . Profit & loss account & balance sheet

B . Trading account & Balance Sheet

C . Cash Flow Statement & Balance Sheet

D . Balance sheet only

Answer: Option B
:
B
Trading account & Balance sheet are affected by closing stock given in adjustments.

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