Balance the Cash Account: Bring Down the Opening Balance

The closing balance needs to be brought down to the opposite side as the opening balance for the next period.

Enter the opening balance.

If there is no closing balance just click check your answer without entering anything.


DR CR
Date Details Amount Date Details Amount
May 15 Bank Account 300 May 26 Sales Returns Account 30
      May 31 Balance c/d 270
    300     300



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