Cash
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 October 2011
what should be the opening balance of cash for a newly Incorporated pvt ltd company
03 October 2011
If it is a newly incorporated company, there will not be any opeing balance in any account.
Are you asking the amount of cash to be brought into the business?
Are you asking the amount of cash to be brought into the business?
03 October 2011
well, siddharth is right,
there will not be any cash balance
there will not be any cash balance
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