Accountancy, asked by yashpradhan88, 2 months ago

which side of the cash book is opening balance posted?​

Answers

Answered by akshatbhasinab
1

Explanation:

Put the opening balance (if any) on cash in hand and cash at bank on the debit side in the cash book and bank columns. If the opening balance is credit balance (overdraft) then it will be put in the credit side of the cash book in the bank column

Answered by Yashbai017
2

Writing a Three column Cash Book:

Put the opening balance (if any) on cash in hand and cash at bank on the debit side in the cash book and bank columns. If the opening balance is credit balance (overdraft) then it will be put in the credit side of the cash book in the bank column.

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