Accountancy, asked by pratikyadav767, 1 month ago

●Mar. 1 Opening balance : Cash 12,000 and Bank36,000.

Answers

Answered by XxAarzooxX

0

Explanation:

The opening balance is usually that balance which is brought forward at the beginning of an accounting period from the end of a previous accounting period. The opening balance is the amount of capital or fund in a company’s account at the start of a new financial period. It is the very first entry in the accounts.

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