Accounting Entries for Fixed Assets
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- Опубликовано: 10 сен 2024
- Accounting Entries for Fixed Assets
Note:- Sorry, there is a typo error in the accounting entries in my video for the below scenario:-
Item Delivered:-
Accounting entry mentioned in the video:-
Asset Clearing A/c Dr
Inventory AP Accrual A/c Cr
Correct Accounting entry:-
Asset Clearing A/c Dr
Receiving Inventory A/c Cr