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  • Opening Balance

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    sheikhrashed4321
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    This financial statement shows the assets and liabilities of a business as of a certain date. The assets include current accounts, savings accounts, debtors, office furniture, and cash totaling $2038.69. The liabilities and owners' equity include accruals, share capital, and opening equity totaling $2038.69.

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    This financial statement shows the assets and liabilities of a business as of a certain date. The assets include current accounts, savings accounts, debtors, office furniture, and cash totaling $2038.69. The liabilities and owners' equity include accruals, share capital, and opening equity totaling $2038.69.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views1 page

    Opening Balance

    Uploaded by

    sheikhrashed4321
    This financial statement shows the assets and liabilities of a business as of a certain date. The assets include current accounts, savings accounts, debtors, office furniture, and cash totaling $2038.69. The liabilities and owners' equity include accruals, share capital, and opening equity totaling $2038.69.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Dr. Cr.

    Assets:
    HSBC Current A/C 358
    HSBC Savings A/C 75
    Debtors 158
    Office Furniture 547
    Accumulated Depreciation 450
    Cash on hand 1258.69
    Liabilities & Owners Equity:
    Accruals 245.52
    Share Capital 100
    Openning Equity 885.17
    2038.69 2038.69

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