journal entry for cash at the end of the period

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sefako

Jun 9, 2012, 08:43 PM

In 2010 My balance was 1006 Then I want to post it to journal to start. The new period what is the journal entry.

paraclete

Jun 10, 2012, 01:34 AM

In 2010 My balance was 1006 Then I want to post it to journal to start. The new period what is the journal entry.

balance of what? your equity?, your bank account?
assuming bank account;
Dr bank
Cr equity