F.y year ending adjustment entries & closing entries


This query is : Resolved 

07 December 2012 can u please tell me what are the f.y closing entries with exmples & wha are the f.y opening entries with examples

Please tell me

Thank You.


07 December 2012 F.Y closing entries example- Prov. for Dep, Prov. for Bad debts, Provision for other expenses, Accounting for closing stock etc.

F.Y opening entries example- Bringing opening balance of last year into current year. Reversing the last year's provisons etc.


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