Question

when and why opening entries are passed​

Answer 1

Answer:

hyyy

Explanation:

When the next financial year begins, the accountant passes One journal entry at the beginning of every financial year in which he shows all the opening balance of assets and all the liabilities include capital.After that , journal entries are known as opening entries ..

Hope this will be helpful to you

Answer 2

Answer:

Answer:

hyyy

Explanation:

When the next financial year begins, the accountant passes One journal entry at the beginning of every financial year in which he shows all the opening balance of assets and all the liabilities include capital.After that , journal entries are known as opening entries ..

Hope this will be helpful to you