The entry which is passed for bringing forward the balances of personal and Real Account as shown in the last year’s balance sheet is called –

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Ram Sharma

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Q. The entry which is passed for bringing forward the balances of personal and Real Account as shown in the last year’s balance sheet is called –

(A) osing entry
(B) Journal entry
(C) Opening entry
(D) None of these

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✅ Correct Answer: (C) Opening entry

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