Ask Question
3 March, 12:22

What is a "closing balance?"

+5
Answers (1)
  1. 3 March, 15:20
    0
    A closing balance is the amount remaining in an account within your chart of accounts, positive or negative, at the end of an accounting period or year end.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is a "closing balance?" ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers