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 |
IF THE COMPUTER PURCHASED ON SEPTEMBER AND JANUARY AND DECEMBER THEN HOW MUCH PERCENTAGE WE HAVE TO CALCULATE ?
what is a balance sheet
11 Answers Cognizant, State Bank Of India SBI,
Why do you want to work in audit?
0 Answers Ernst Young, Thomson Reuters,
company A is parental company of company B.if company A pays rent for company B to landlord,What will be the journal entry recorded in the books of company A and company B?
when does closing stock shown in trial balance?
How has accountancy changed over the last ten years?
In one sentence, What is Auditing ?
what are the main tools of auditing?
0 Answers Axis Inspection Solutions, Fidelity, Sri Padma Balaji,
Why do you want to join the Accounting profession ?
How auditing is prepared?
What is Esi ,Pf,and Payroll?
How I can evaluate the internal control audit?