where do u get credit opening balance?
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Answer / prashanth
Capital account and all reserves and all liabilities.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / syed razvi
we credit at the Balance sheet Liability side for sundry
creditors, Bank OD, Capital Account & and any Loans
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / srinivas rao
we get credit opening balance on credit side of the ledger
| Is This Answer Correct ? | 4 Yes | 3 No |
Accounting entry for credit sales and credit purchases
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