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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