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accounting flow of accrued expense?

 
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accounting flow of accrued expense?
tariqab
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#2
02-03-2009, 07:33 PM
Dear Raja

You are recording salaries expenses cash basis for whole year except month of December here you are making accruel entry.

If you want to continue this cash basis accounting, you have to reverse that closing entry on 01-01-2009
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Messages In This Thread
accounting flow of accrued expense? - by raja asad - 02-03-2009, 12:17 AM
[No subject] - by tariqab - 02-03-2009, 07:33 PM
[No subject] - by raja asad - 02-04-2009, 12:16 AM
[No subject] - by tariqab - 02-04-2009, 04:13 PM
[No subject] - by raja asad - 02-06-2009, 12:32 AM
[No subject] - by Nauman - 02-07-2009, 05:46 PM
[No subject] - by tariqab - 02-07-2009, 08:10 PM
[No subject] - by Nauman - 02-08-2009, 02:03 AM
[No subject] - by raja asad - 03-01-2009, 01:43 AM
[No subject] - by maani - 03-01-2009, 06:31 AM
[No subject] - by raja asad - 03-01-2009, 11:40 PM
[No subject] - by maani - 03-02-2009, 06:10 AM
[No subject] - by raja asad - 03-03-2009, 02:28 AM
[No subject] - by maani - 03-04-2009, 03:12 AM

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