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-   -   Journal entry for cash at the end of the period (https://www.askmehelpdesk.com/showthread.php?t=669040)

  • Jun 9, 2012, 08:43 PM
    sefako
    Journal entry for cash at the end of the period
    In 2010 My balance was 1006 Then I want to post it to journal to start. The new period what is the journal entry.
  • Jun 10, 2012, 01:34 AM
    paraclete
    Quote:
    Originally Posted by sefako View Post
    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

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