Opening balance traetment
SYED... (ACCOUNTANT) (28 Points)
06 December 2016SYED... (ACCOUNTANT) (28 Points)
06 December 2016
KAPIL JAIN
(Job full time as well as part time)
(232 Points)
Replied 06 December 2016
for opening 10000 > put bank balance 10000 and same capital balance 10000
10000 funded again > bank A/c Dr.
To capital (owner name)
SYED...
(ACCOUNTANT)
(28 Points)
Replied 06 December 2016
I MEAN IN COMPANY BOOK JOURNAL ENTERY ON 31ST MARCH BANK AC DR 10000 TO CAPITAL A/C 10000 THIS AMOUNT IS OPENING BAL IN BANK STATEMENT
THEN 1ST APRIL AGAIN BANK A/C DR 10000 TO CAPITAL 10000
KAPIL JAIN
(Job full time as well as part time)
(232 Points)
Replied 06 December 2016
no, if you made already this entry then no need t pass it again, their opening balances c/f to next year