Hello
I entered all the accounts of the balance sheet, but because the customer's account is less than the supplier's account, there is a loss in the profit and loss, noting that there is a profit, not a loss.
And because the net income is a temporary account, I left the loss as it is, and when I displayed the balance sheet at the beginning of the next year, the retained earnings became correct.
Also, when I entered the opening balances of the products, they appeared in the opening balance equity account, which I closed in the retained earnings account.
Is all of the above correct, I do not want to explain how to enter the opening balance of the bank. Thank you
