Accountancy, asked by manjitsingh125163, 4 months ago

01-3) What is opening entry. Explain with the help.
of example:​

Answers

Answered by keerthanab304
1

Answer:

A journal entry by means of which the balances of various assets, liabilities and capital appearing in the balance sheet of the previous accounting period are brought forward in the books of a current accounting period as an Opening Entry.

Explanation:

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