Math, asked by shifa1239, 9 months ago

13) What is Opening entry

Answers

Answered by harpalsanorininetyfi

Answer:

Articles. 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 is known as an opening entry.Jan 1, 2020

Answered by sonurawat7

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 is known as an opening entry.

Step-by-step explanation:

please follow me and thanks please

Previous Question

Next Question

Similar questions

Biology, 4 months ago

Name the phenomenon that results in the shrinkage of human red blood cells when they are placed in hypertonic solution...

Hindi, 4 months ago

"तंतु से वस्त्र/ ऊन की कहानी, विषय पर 150-200 शब्दों में अनुच्छेद लिखिए, व विषय से सम्बंधित सुंदर-सा चित्र बनाकर रंग भरिए।...

Environmental Sciences, 4 months ago

LIST THE PARTS OF THE FOLLOWING PLANTS WHICH CAN BE USED AS FOOD: (a) mustard plant: (b) banana plant: (c) coconut plant: (d) lotus plant: (e) groundnut:...

Accountancy, 9 months ago