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Write a word, term, or phrase which can substitute the following statement.A statement similar to Balance Sheet prepared to find out the amount of opening capital - Book Keeping and Accountancy

One Line Answer

Write a word, term, or phrase which can substitute the following statement.
A statement similar to Balance Sheet prepared to find out the amount of opening capital

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Solution

Opening statement of affairs

Concept: Preparation of Opening and Closing Statement of Affairs
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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 10 Single Entry System
Exercise Q.2 | Q 3 | Page 355
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