Opening Balance
Waseem Syed (271 Points)
27 January 2021
What will be my opening balance? Capital of last year or Amount of Balance sheet?
5 Replies
Waseem Syed
(271 Points)
Replied 27 January 2021
My last year Capital +net profit balance is 350000 but my balance sheet total balance is 650000 .Then what will be my opening balance this year ?
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 27 January 2021
Your closing capital balance in last year will be the opening balance in current year balance sheet
Adil Shaikh
(22 Points)
Replied 28 January 2021
Your closing capital balance in last year will be the opening balance in current year balance sheet
Recent Topics
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
Related Threads
CAclubindia
