Customer Opening Balance Journal Entry

Riya

Feb 04, 2023 - 2 mins read

Customer opening balance journal entry on TamilAccounting is easier to perform. Just to debit the Accounts receivable account and Credit it on sales. Let's say, we have 4010 as Sales account and 1200 is our Accounts receivable account. So the journal entry will be like this. 

Journal Entry for Customer Opening Balance 


Account Debit Credit
1200 - Accounts Receivables - Current Assets      15,000.000
4010 - Sales - Sales Account (Income Group)     15,000.000
Total 15,000.000 15,000.000

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