what is opening balance?
Answers were Sorted based on User's Feedback
Answer / sourav adhikary
Opening Balance is the balance which carried forword from
the prvious year Closing Balance.
Is This Answer Correct ? | 39 Yes | 4 No |
Answer / venkat
Opening Balance is the balance which is carried forword
from the prvious year Closing Balance.
Is This Answer Correct ? | 15 Yes | 3 No |
Opening Balance is the balance which is brought from
previouse accounting closing balance,
Or closing balance of previous year is opening balance of
next accountin year,
Is This Answer Correct ? | 11 Yes | 2 No |
Answer / krishna
opening balance is nothing but last year closing
balance.what are the balances carried from the balance
sheet of the last year.
Is This Answer Correct ? | 7 Yes | 1 No |
Answer / eshajain
closing balance of previous year will be opening balance of
current year.
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / neha patel
opening balanceis nothing but previous year closing
balance.
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / m ahmed khan afridi
Month Closing balance Year closing balance as u wish closing just closing amount is next Month or next year Opening Balance
Understand Every Body
Is This Answer Correct ? | 1 Yes | 0 No |
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