Which balance for profit ? debit or credit? also which balance
for Opening Stock?
Answers were Sorted based on User's Feedback
Answer / guest
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 ? | 19 Yes | 2 No |
Answer / nawal kishore ojha
Ccredit balace for profit
debit balance for opening stock
Is This Answer Correct ? | 15 Yes | 0 No |
Answer / javeed
credit balance for profit & debit balance for op.balance
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / mudunoori
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Is This Answer Correct ? | 5 Yes | 4 No |
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