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1 November, 02:24

The Item column of the ledger account for the opening first entry for the ledger accounts

should contain the

A. word Cash.

c. account title.

B. words Opening Entry.

d. word Balance.

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Answers (1)
  1. 1 November, 02:51
    0
    It's either Opening Entry or Account title following this order

    Who, what, and When.

    Who would be the company or the person's name

    What would be if it's a balance sheet, income statement, Chart of accounts, or trial balance.

    When is the date.

    Example

    Stockholm's Company

    Balance Sheet

    February 1, 2015
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