Why is it necessary to write adjustment entry at the end of the year for closing stock?(a) To rectify the error(b) To find true profit or loss(c) To transfer the account(d) To close the account

Why is it necessary to write adjustment entry at the end of the year f

1.	Why is it necessary to write adjustment entry at the end of the year for closing stock?(a) To rectify the error(b) To find true profit or loss(c) To transfer the account(d) To close the account
Answer» Correct option is (b) To find true profit or loss