Calculate the opening balance for capital and enter all the opening balances into general ledgerSubsidiary Ledgers are not in useso control accounts are not used for accounts payable or receivable?

1 answer

Answer

1245016

2026-08-26 07:46

+ Follow

Normally the capital amount shows in credit site in opening balance. it's means that the last year capital amount of balance sheet. and when we enter the capital amount in ledger, we have to show credit site.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.