Opening balance

This query is : Resolved 

12 September 2017 while fitting the opening balances what and all should consider only balancesheet of balancesheet and profit and loss account should consider

12 September 2017 Only balance sheet to be consider while feeding opening balance

14 September 2017 what is debit note and credit note can u able to explain. . . . . .?


14 September 2017 Debit Note is issued by the purchaser, at the time of returning the goods to the vendor, and the vendor issues a Credit Note to inform that he/she has received the returned goods i.e if you sold the goods and the afterwards the buyer return the goods to you than you don't give him money rather you give him credit note of the same value & say him that the amount will be adjusted next time when he purchase the goods.

14 September 2017 What is debit balance and what is credit balance how. . . . . . .?

14 September 2017 Debit balance is positive balance i.e. Asset, Receivable whereas credit balance is negative balance i.e Liability, Payable

20 September 2017 What is debit balance and credit balance
in profit and loss account

20 September 2017 Debit Balance means Expense & Credit Balance means Income in Profit & Loss account


27 September 2017 How reverse charge is applicable in gst, and how we can get its benefits in further



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