Accountancy, asked by RomanReign1711, 1 year ago

Why does Opening Stock is Debit ? Why not Credit

Answers

Answered by RK11305
1
beacause op.stock is assets then this is also debit so.

RomanReign1711: Then why Bank Overdraft is Credi
RomanReign1711: Credit
Answered by Parmeet4
0
Because it is being carried forward from the balance of last year and according to the rules of debit and credit what comes in must be debited
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