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 |
What are reasons for giving credit note and sales return to customers?
how to calculate differ tax?
i want Gratuaty calculaton working
Is there any disqualification of an auditor if he is Indebted to a partnership firm and proprietor???
Do you have any principale towards job?
What is the meaning of "Rendered Amount"?
Hi, We want to know about Balance Sheet, and what is main need for preparation of B/s
1 Answers Bank Of America, Bank Of India,
what type of questions will be asked in the interviews
Expand---------SRPM
When we use D form?
What wording should be used in the audit report?
Describe a time when u have taken on a particularly challenging or stretching target. What made it so nchallenging for u?