28 April 2016
sir, If at this days i have Income & Expenditure A/c and capital a/c of last year how i take opening balance to prepare a/c of the client .
client have bank bal as per bank statement 11882.00
28 April 2016
you have to take capital a/c as opening and take transation during the period/year. and take bank bal. as per books. it may possible some cheque issued by you but till date not present in bank, like that some cheque deposit by you but not credited by bank in your a/c. then you take other balance like Debtors, creditors, etc for balance sheet.
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