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Q. > Please Help: Accounting
hi, Suppose I have received an invoice for expenses due in next year and payment is not made against this invoice in current year.
Advise me accounting entries regarding above in my books?
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Rambabu Senkarasetti
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PRIYANKA
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CA. SURESH Kr. AGARWAL
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Rajender Kumar
23-Jan-2016 , 06:03:37 pmexpense dr.---/ to party a/c---- this treatment. As per acrual concept