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-   -   Reserve and surplus? (https://www.askmehelpdesk.com/showthread.php?t=753912)

  • Jun 15, 2013, 10:05 PM
    suresh shrestha
    Reserve and surplus?
    In which situation of the last year's closing balance of reserve and surplus to be changed by opening balance in this year.
  • Jun 22, 2013, 08:46 AM
    Fidget1
    If errors are found after the year end accounts are closed, then the correcting adjustments are made to the opening balances of the current year accounts.

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