Accountancy, asked by sonai6769, 1 month ago

opening debit balance jurnal entries​

Answers

Answered by dkhokher133
1

Answer:

When dealing with an asset account, such as cash, a debit entry to the account will increase its balance, while a credit entry will decrease it. The entry to record the opening balance of cash always requires a debit entry equal to the amount of cash your company receives.

Explanation:

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