Answer Detail: RE: Accruals Entries

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Question: Accruals Entries

Answer: If there is oustanding payments, we have to pass accural enteries. So what are the enteries for accurals?

September 09, 2009 09:55:42	#2
chinnaguntupalli	Member Since: September 2009 Total Comments: 15
RE: Accruals Entries
It is an entry to create provision for unaccounted expenses in the current month for which services/goods already recieved.

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