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What is the journal entry of the opening stock?
opening stock is the stock at the end of previous year which is being carried forward to next year. so it is treated as opening balance (asset) n the following journal entry will b passed opening stock Dr. to liabilities *if liabilities are not there then capital is to be credited
What is opening balance control account?
we should entry the opening balance to account for total balance ,That adjustment is opening balance control
What is the Journal entry for opening stock?
don t known
What is the opening journal entry for paid up capital?
capital
How do you put opening balance in pastel?
To enter an opening balance in Pastel, navigate to the "General Ledger" module and select "Journal Entries." Create a new journal entry, ensuring you choose the appropriate date for the opening balance. Input the balances for each account as debit or credit entries, then save the journal entry. Finally, remember to post the entry to update the accounts with the opening balances.
Opening entry in the books of accounts?
Opening Entry:Cash a/c xxxxxxGoods xxxxxBank a/c xxxxxShare Capital xxxx
What is the definition of a opening or hold?
Opening-equals access point, entry. Hold is grasp or storage area on a ship
The Item column of the ledger account for the opening first entry for the ledger accounts?
The first opening entry of a ledger is the correctly dated total or balance. It is from that amount in which all other numbers are credited and debited.
What is the journal entry for deposit to bank account for beginning a business?
Journal entry for opening a bank account
What is another word for door?
doorway, portal, opening, entrance, entry, exit
What is the journal entry for LC opening?
latter of cedit expenses is debit and cash credit
How do I create a journal entry for opening an account balance?
Debit bank accountCredit cash
