Which balance for profit ? debit or credit? also which balance for Openin

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Question

Which balance for profit ? debit or credit? also which balance 
for Opening Stock?

Question Submitted By :: Rinjim

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Answer Posted By

Re: Which balance for profit ? debit or credit? also which balance for Opening Stock?

Answer
# 1

for profit credit balance and every end of the year (credit)
closing balance will forwarded by the next year opening balance

Is This Answer Correct ?

11 Yes

0 No

Guest

Re: Which balance for profit ? debit or credit? also which balance for Opening Stock?

Answer
# 2

Ccredit balace for profit
debit balance for opening stock

Is This Answer Correct ?

8 Yes

0 No

Nawal Kishore Ojha

Re: Which balance for profit ? debit or credit? also which balance for Opening Stock?

Answer
# 3

credit balance for profit & debit balance for op.balance

Is This Answer Correct ?

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Javeed

Re: Which balance for profit ? debit or credit? also which balance for Opening Stock?

Answer
# 4

Are you putting question to clear and revise the subject or 
testing others. Try to frame the question in a right way. 
That will help you and others also.Try to read your 
question once again.I am not critisiging or discouraging 
you. Try to develop yourself with this Website

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Mudunoori
[RKI Builders (p)Ltd]

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