English, asked by BEBRAINLY16172783, 20 days ago

what is opening entry??? \begin{gathered} \\ \\ \\ \end{gathered}

Answers

Answered by target2k25

Opening entry is the entry made in the beginning of a financial year to open the books by debiting assets and crediting liabilities and capital, appearing in the Balance Sheet of the previous year.

Answered by target4k45

Opening entry is the entry made in the beginning of a financial year to open the books by debiting assets and crediting liabilities and capital, appearing in the Balance Sheet of the previous year.

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