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Showing posts with the label Reversing entries (Accounts)

Reversing entries (Accounts)

Sirf aun adjusting entries ki reversing entries bunti hain... 1. Gin k debit main prepaid expense ya unexpired expense ho. Example Adjusting entry.  Prepaid Rent 200 Dr Rent expense 200 Cr Reversing Entries Rent Expense 200 Dr Prepaid Rent 200 Cr