The words 'To Balance b/f' or 'By Balance b/f' are recorded in the 'Particulars Column' at the time of posting of:

CS Executive · Corporate and Management Accounting · PYQS · December 2020
The words 'To Balance b/f' or 'By Balance b/f' are recorded in the 'Particulars Column' at the time of posting of:
(A) all compound entries
(B) an opening entry
(C) a closing entry
(D) an adjusting entry

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Basic Accounting Concepts

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