The simplest answer is that 'stock' are the physical items on the shelves. A stock sheet is a list of those items.
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The difference between stock and inventory is that stock is what you have if you're selling items. Inventory includes what you have as your belongings.
There is no difference between Contingent Liability and Off Balance Sheet Liability.
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closing stock will increase current assets in Balance sheet
In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.