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Opening Balance audit

This query is : Resolved 
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(Querist)
01 July 2010 Can i know the detailed procedure on

how to verify the opening balances in case of a company having schedules and groupings.

whether to verify from b/s or from trial balance

i mean first to verify from schedules or from groupings???

by they waw what do they mean literally?
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
01 July 2010 Take trial with opening balance and verify with groupings detail and schedules.
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
01 July 2010 TAKE OPENING TRIAL AND LAST FINAL BALANCE SHEET AND MATCH FIGURE OF TRIAL BALANCE FROM SCHEDULES AND GROUPING OF BALANCE SHEET.
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