Opening and closing entries are passed through :
ASales Book
BJournal Proper
CPurchases Book
DCash Book
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Related Questions:
The authorized share capital is :
Research expenditure is an example of :
The balance in the Share Forfeited Account after the reissue of forfeited shares is transferred to
The principles of liquidity, safety and profitability are related to :
A share of Rs. 10 issued at a premium of Rs. 2 which the full amount has been called Rs. 8 including premium is forfeited. the capital account shall be debited with: