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what is opening balance?

Answers were Sorted based on User's Feedback



what is opening balance?..

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

what is opening balance?..

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

what is opening balance?..

Answer / harindra sahani

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

what is opening balance?..

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

what is opening balance?..

Answer / eshajain

closing balance of previous year will be opening balance of
current year.

Is This Answer Correct ?    4 Yes 1 No

what is opening balance?..

Answer / neha patel

opening balanceis nothing but previous year closing
balance.

Is This Answer Correct ?    3 Yes 1 No

what is opening balance?..

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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