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what is opening balance?
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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 |
Do you have any principale towards job?
State which of the following are Cash transactions, and which are credit transactions: Questions Answers 1. Anil commenced business with Rs.10,000 2. Bought goods for cash Rs. 2000 3. Bought goods from Balaji on account Rs. 4000 4. Paid Balaji on account Rs. 500 5. Commission received Rs. 50 6. Commission due to Raj Rs. 100 7. Took Loan from Bank Rs. 20,000 8. Interest on loan due to the bank Rs. 200 9. Paid salaries Rs. 200 10. Sold goods for Rs. 1000 11. Sold goods to Eshwar on account Rs. 2000 12. Received from Eshwar on account Rs. 100
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0 Answers Ernst Young, Thomson Reuters,
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Audit 
