Cash book

Sai Teja

Separate

Thread Starter

Here, in cash book , only when I put both cash n bank balance ,I m getting the opening balance .how?

sai t

Please attach the question so that it can be easily identified

Thread Starter

Here s the question

sai t

Why to prepare Cash book again?? they have give they have asked to prepare financial statements

Thread Starter

To find opening balance .without opening cash balance, I can't get opening capital

sai t

They have already given in question

Thread Starter

They have only give closing cash balance

sai t

Yes thats what I am saying closing capital for march 31 is opening capital for 1-april they why you are calculating cash balance for opening u can get opening capital directly

sai t

Yes thats what I am saying closing capital for march 31 is opening capital for 1-april they why you are calculating cash balance for opening u can get opening capital directly

Thread Starter

Yes I got it

sai t

use formula of equity =assets-liability

sai t

use formula of equity =assets-liability

Thread Starter

I used ,I got closing capital .now to get opening cap I should adjust right .how to adjust for IOC ,which s on opening cap