Furniture debit balance 20000 stock of goods account debit, Accounting Basics

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Furniture debit balance 20000 stock of goods account debit

On 31st March 2011 after equalizations are accessible in record for the year 2010 11

Furniture (debit balance) 20,000 Stock of Goods Account (debit balance) 70,000 S. Sircar (debit balance) 14,000 M. Mitra (debit balance) 7,500 Cash (debit balance) 2,400 B. Basu (credit balance) 13,900 Capital Account (credit balance) 1,00,000 Write the opening entry for 1st April, 2011.

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Accounting Basics: Furniture debit balance 20000 stock of goods account debit

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Accounting Basics: Furniture debit balance 20000 stock of goods account debit

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